Guangdong Dongfang Precision Science & Technology Co. Ltd.Semi-Annual Report 2026
【Date of Disclosure】28 July 2026Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Part I Important Notes Table of Contents and Definitions
T The Board of Directors (or the “Board”) as well as the directors and senior
management of Guangdong Dongfang Precision Science & Technology Co. Ltd. (hereinafter
referred to as the “Company”) hereby guarantee that the contents of this Report are true
accurate and complete and free of any misrepresentations misleading statements or material
omissions and collectively and individually accept legal responsibility for such contents.Tang Zhuolin the Company’s legal representative Shao Yongfeng the Company’s
Financial Controller and Shao Yongfeng the Company’s Accounting Supervisor hereby
guarantee that the financial statements carried in this Report are truthful accurate and
complete.All directors of the Company attended in person the board meeting for the approval of
this Report.For possible risks with respect to the Company please refer to “X Risks Faced by theCompany and Countermeasures” of “Part III Management Discussion and Analysis” herein.And investors are kindly advised to read through the aforesaid contents.The profit distribution proposal approved by the Board of Directors is as follows: Based
on the total share capital on the record date for the implementation of the dividend plan a
cash dividend of RMB 2.00 (including tax) per 10 shares will be distributed to all shareholders
with no bonus shares (including tax) and no capitalization of reserves.Special Declaration
This Report has been prepared in Chinese and translated into English. Should there be
any discrepancies or misunderstandings between the two versions the Chinese version shall
prevail.Page 2 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Table of Contents
Part I Important Notes Table of Contents and Defin... 2
Part II Corporate Information and Key Financial In... 8
Part III Management Discussion and Analysis......... 12
Part IV Corporate Governance Environmental and Soc.. 69
Part V Significant Events............................74
Part VI Share Changes and Shareholder Information.. 112
Part VII Corporate Bonds........................... 119
Part VIII Corporate Financial Statements........... 120
Page 3 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Documents Available for Reference
1. The financial statements signed and sealed by the Company’s legal representative Chief Financial Officer
and the person-in-charge of the financial organ.
2. All the originals of the Company’s announcements and documents that were disclosed to the public during
the Reporting Period on the media designated by the CSRC for information disclosure.
3. The 2026 Semi-Annual Report carrying the signature of the legal representative.
4. The documents above are lodged in the Securities Department of the Company No. 2 Qiangshi Road
Shishan Town Nanhai District Foshan City Guangdong Province China.Page 4 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Definitions
Term Definition
Guangdong Dongfang Precision Science & Technology Co. Ltd. and its
Dongfang Precision or the “Company”
consolidated subsidiaries except where the context otherwise requires
The corrugated box packaging machinery division of Guangdong Dongfang
Dongfang Precision (China)
Precision Science & Technology Co. Ltd.Dongfang Precision (Europe)/EDF EDF Europe S.r.l.Dongfang Precision (Netherland) Dong Fang Precision (Netherland) Cooperatief U.A.Dongfang Precision (HK) Dong Fang Precision (HK) Limited
DongFang Primo DongFang Primo Robotic (Guangdong) Co. Ltd
Leju Robotics Leju（Shenzhen）Robotics Co.Ltd.Parsun Power Suzhou Parsun Power Machine Co. Ltd.Suzhou High-Tech Zone Jinquan Business Management Partnership (Limited
Suzhou Jinquan
Partnership)
Shunyi Investment Suzhou Shunyi Investment Co. Ltd.Jaten Robot Guangdong Jaten Robot & Automation Co. Ltd.Wonder Digital Shenzhen Wonder Digital Technology Co. Ltd.Dongfang Digicom Dongfang Digicom Technology (Guangdong) Co. Ltd.Yineng Investment Hainan Yineng Investment Co. Ltd.Yineng International Dongfang Yineng International Holding Co. Ltd.Fosber Italy Fosber S.p.A.Fosber Asia Guangdong Fosber Intelligent Equipment Co. Ltd.Fosber America Fosber America Inc.Fosber Tianjin Fosber Machinery (Tianjin) Co. Ltd.The business group including subsidiaries Fosber Italy Fosber America Qcorr
Fosber Group
Tiru?a Group etc.Tiru?a Group Tiru?a Slu
Tiru?a America Tiru?a America Inc.Tiru?a Asia Tiru?a (Guangdong) Intelligent Equipment Manufacturing Co. Ltd
QCorr QuantumCorrugated S.r.l.Outboard motors are a kind of detachable power units that are mounted on the
Outboard motors
stern plate of a boat to drive the boat to sail.The electric trolling motor (also known as the “marine electric propeller” or
“electronic anchor”) is an auxiliary power device installed on fishing ships. Its
primary function is to achieve ship positioning and stability. Through
Electric trolling motors GPS/Beidou satellite positioning combined with power compensation
technology a ship can remain in the predetermined location without the need for
traditional anchoring. Even in the face of wind waves and currents the motor
can automatically adjust the thrust direction to maintain the ship’s orientation.General machines are a collective term for general-purpose power products and
General utility small gasoline motors/General
their supporting terminal products mainly including general utility small
machines
gasoline motors general utility diesel engines and general terminal products
Page 5 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
powered by them such as generator sets (e.g. emergency portable power
generation equipment field operation power supplies) agricultural machinery
(e.g. water pump units micro-tillers) garden machinery (e.g. lawn mowers
chainsaws) and small construction machinery (e.g. cutting machines tamping
machines concrete mixers leveling machines) which are widely used; they are
a type of thermo-dynamic machinery with a wide range of applicability
characterized by small size light weight and easy operation and are usually
used as a power engine for a variety of terminal products.An intelligent robot with human-like dimensions physical characteristics and
mobility capabilities which achieves humanoid movement functions through
Humanoid robot full-body coordination while possessing capabilities such as semantic
understanding human-machine interaction and autonomous decision-making
based on general-purpose algorithms and generative AI.A humanoid robot that adopts a biomimetic bipedal design and moves by means
of bipedal walking featuring a complete human-like body structure including a
Bipedal humanoid robot
head torso arms and legs capable of completing various complex movements
and tasks with high flexibility and adaptability.A hybrid humanoid robot whose design integrates a humanoid upper body
Wheeled humanoid robot
(including head torso arms and hands) with a wheeled mobile chassis.A humanoid robot with a height similar to the average human height generally
designed to be over 1.5 meters tall providing services adapted to most human
Full-sized humanoid robot
production and living scenarios. It offers strong motion performance and high
load capacity designed to handle relatively complex tasks.The technical process of using sensor devices to perform real-time recording
storage and preliminary processing of the movements operations interactions
Data collection and other behaviors of humanoid robots in specific scenarios. Its purpose is to
obtain high-quality datasets required to build humanoid robots used to train the
robots’ perception decision-making and control models.A whole-process dataset generated through actual operation tasks and testing of
Real-world machine data physical robots (excluding simulation environments digital twin models or
laboratory prototypes) under real or near-real application scenarios.Corrugated box is a rigid paper container made of corrugated boards through die
Corrugated box cutting indenting nailing or gluing. Corrugated box is one of the most widely
used packaging containers in modern business and trade.Corrugated box printing and packaging production line equipment include
corrugated box printing and packaging line and stand-alone products that
integrates pre-feeding printing grooving die cutting forming and packaging
Corrugated box printing and packaging production functions in whole or in part which is highly functionally integrated highly
line equipment automated and highly technical can save the capital and manpower investment
reduce workers' workload and improve the production efficiency of box
manufacturers and requires equipment manufacturers to be highly competent in
design technological innovation assembly and finishing of parts.Pre-printing and post-printing intelligent automatic Pre-printing and post-printing intelligent automatic packaging machinery refers
packaging machinery to equipment that is compatible with the corrugated box printing line or stand-
Page 6 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
alone products and can provide functions related to pre-printing and post-
printing processes of corrugated box printing and packaging. It includes the pre-
feeder stripper conveyor intelligent stacker and folder gluer.CSRC China Securities Regulatory Commission
SZSE or the “Stock Exchange” Shenzhen Stock Exchange
Expressed in the Chinese currency of Renminbi expressed in tens of thousands
RMB yuan RMB’0000
of Renminbi
The “Reporting Period” or “Current Period” The period from 1 January 2026 to 30 June 2026
Page 7 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Part II Corporate Information and Key Financial Information
I Corporate Information
Stock name Dongfang Precision Stock code 002611
Stock exchange Shenzhen Stock Exchange
Company name in Chinese 广东东方精工科技股份有限公司
Abbr. 东方精工
Company name in English (if
Guangdong Dongfang Precision Science & Technology Co. Ltd
any)
Abbr. (if any) Dongfang Precision
Legal representative Tang Zhuolin
II Contact Information
Board Secretary Securities Representative
Name Feng Jia Zhu Hongyu
No. 2 Qiangshi Road Shishan Town No. 2 Qiangshi Road Shishan Town
Office address Nanhai District Foshan City Guangdong Nanhai District Foshan City Guangdong
Province China Province China
Tel. 0757-86695473 0757-86695473
Fax 0757-86695473 0757-86695473
Email address ir@vmtdf.com ir@vmtdf.com
III Other Information
1. Contact information of the company
Whether the company's registered address company office address and its postal code company website and e-mail address have
changed during the reporting period.□ Applicable□ Not applicable
The company's registered address company office address and its postal code the company's website and e-mail address remain
unchanged during the reporting period which can be found in the 2025 Annual report.
2. Information disclosure and location.
Whether the information disclosure and location have changed during the reporting period.□Applicable □ Not applicable
Website of the stock exchange where the Company discloses its
semi-annual report CNINFO (www.cninfo.com.cn).Page 8 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Names and websites of media designated for disclosure of the The Company’s 2026 Semi-Annual Report is published in
Company’s semi-annual report China Securities Journal Securities Times Shanghai Securities
News Securities Daily and on CNINFO (www.cninfo.com.cn).Place where the semi-annual report of the Company is available Company Security Dept. No. 2 Qiangshi Road Shishan Town
for inspection Nanhai District Foshan City Guangdong Province China
Inquiry date on the designated website for disclosure of interim
announcements (if applicable) 28 July 2026
Inquiry index on the designated website for disclosure of
interim announcements (if applicable) CNINFO (www.cninfo.com.cn).
3. Other relevant information
Whether other relevant information has changed in the reporting period
□ Applicable √ Not applicable
IV Key Financial Information
Indicate whether there is any retrospectively restated datum in the table below.□ Yes √ No
2026H1 2025H1 change (%)
Operating revenue (RMB yuan) 1690857649.54 2158956857.88 -21.68%
Net profit attributable to the listed 3846229995.51 397440989.86 867.75%
company’s shareholders (RMB yuan)
Net profit attributable to the listed 86095715.37 256886325.80 -66.48%
company’s shareholders before non-
recurring gains and losses (RMB yuan)
Net cash generated from/used in operating 257970090.29 355284471.35 -27.39%
activities (RMB yuan)
Basic earnings per share (RMB yuan /share) 3.22 0.33 875.76%
Diluted earnings per share (RMB yuan 3.20 0.33 869.70%
/share)
Weighted average return on equity (%) 50.88% 7.58% 43.30%
30 June 2026 30 June 2025 Change (%)
Total assets (RMB yuan) 11800449680.48 8723974411.66 35.26%
Equity attributable to the listed company’s 9475926785.79 5773817881.00 64.12%
shareholders (RMB yuan)
Note 1: During the reporting period the exchange loss caused by foreign exchange rate fluctuations affected the Net profit
attributable to the listed company’s shareholders before non-recurring gains and losses by RMB 18.90 million. Excluding the impact
of the exchange loss the Net profit attributable to the listed company’s shareholders before non-recurring gains and losses for the
reporting period was RMB 104.9975 million.Note 2: During the reporting period the Company’s main businesses consist of three segments: Intelligent Marine Equipment
Page 9 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Intelligent Packaging Equipment and Embodied Intelligent Robot Equipment. Details are as follows:
(1) Intelligent Packaging equipment segment: revenue increased by 17% year-on-year on a comparable basis; excluding the impact of
exchange loss the Net profit attributable to the listed company’s shareholders before non-recurring gains and losses contributed by
this segment rose by 74% year-on-year;
(2) Intelligent Marine equipment segment: revenue increased by 35% year-on-year on a comparable basis; excluding the impact of
exchange loss the Net profit attributable to the listed company’s shareholders before non-recurring gains and losses contributed by
this segment grew by 18% year-on-year.V Accounting Data Differences under China’s Accounting Standards for Business Enterprises
(CAS) and International Financial Reporting Standards (IFRS) and Foreign Accounting
Standards
1. Net Profit and Equity under CAS and IFRS
□Applicable□ Not applicable
No difference for the Reporting Period.
2. Net Profit and Equity under CAS and Foreign Accounting Standards
□Applicable□ Not applicable
No difference for the Reporting Period.VI Non-recurring Gains and Losses
□Applicable □ Not applicable
Unit: RMB yuan
Item Numbers Note
Gain or loss on disposal of non-current assets (inclusive of
4384641341.89
impairment allowance write-offs)
Government subsidies included in current profit and loss
(excluding those closely related to the company’s normal business
operations in compliance with national policies enjoyed 3566838.27
according to specified standards and having a continuous impact
on the company’s profit and loss)
Gains and losses from changes in the fair value of financial assets
and financial liabilities held by non-financial enterprises as well
as gains and losses from the disposal of financial assets and 400107501.33
financial liabilities excluding effective hedging related to the
company’s normal business operations
Non-operating income and expenses other than the above 678293.30
Other profit or loss items meeting the definition of Non-recurring
-22815747.53
Gains and Losses.Page 10 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Minus: Income tax effects 1004857320.50
Non-controlling interests effects (net of tax) 1186626.62
Total 3760134280.14 --
Details of other profit and loss items that meet the definition of non-recurring profit or loss.□ Applicable□ Not applicable
No such cases in the Reporting Period.Explanation of why the Company reclassifies as recurrent an exceptional gain/loss item defined or listed in the Explanatory
Announcement No. 1 on Information Disclosure for Companies Offering Their Securities to the Public—Exceptional Gain/Loss
Items:
□ Applicable□ Not applicable
No such cases in the Reporting Period.Page 11 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Part III Management Discussion and Analysis
I Principal Operations of the Company in the Reporting Period
In the first half of 2026 Dongfang Precision completed the closing of the major asset sale of 100% equity in
Fosber Group Fosber Asia and Tiru?a Asia the former business entities of the corrugated cardboard production
line division achieving a total divestment of the corrugated cardboard production line-related business. Taking
this as an opportunity the Company firmly promoted the implementation of its technology transformation strategy
shifting its strategic focus toward technological upgrading. Through practical actions of strategic transformation
the Company actively responded to the call and guidance of the Outline of the 15th Five-Year Plan for National
Economic and Social Development of the People’s Republic of China regarding the development of new quality
productive forces and the expansion of emerging industries during the 15th Five-Year Plan period.During the Reporting Period based on its three decades of accumulated expertise and heritage in the high-
end intelligent equipment manufacturing sector Dongfang Precision concentrated its resources on the technology
sector and emerging industries and redefined and repositioned its core business segments. After the adjustment
the Company’s main business segments focus on three core pillars: intelligent marine equipment embodied
intelligence robotic equipment and intelligent packaging equipment. This repositioning of the Company’s
principal business segments is intended to focus on the main tracks of national strategy capitalize on the strategic
development window and further deepen its industrial layout. With the three core businesses as the foundation for
the listed company’s development Dongfang Precision strives to forge a new hallmark of high? quality
development.(I) Industries in which the Company principally operates
According to the Classification of Strategic Emerging Industries (2018) and the Industrial Classification for
National Economic Activities (GB/T 4754-2017) the industries in which the Company principally operates are
shown below:
The Company’s Principal Business Divisions and Their Industries
Strategic emerging Principal business
Industry Primary products and their applications
industry division
High-end Manufacturing of
Intelligent marine Outboard motors and electric trolling motors which are widely
equipment ship auxiliary used in water leisure and sports activities fishing water traffic
equipment
manufacturing equipment emergency rescue shore landing and maritime patrol.Intelligent Other general Embodied Production and assembly of bodies and key components of
manufacturing equipment intelligence robotic embodied intelligence robots.equipment manufacturing equipment
Page 12 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Strategic emerging Principal business
Industry Primary products and their applications
industry division
Corrugated converting lines and printers which are used for
processing corrugated cardboard into various specifications of
Specialized Intelligent corrugated boxes and widely used by various enterprises directly
equipment packaging producing corrugated boxes in the corrugated packaging field.manufacturing equipment
Digital printers which utilize digital inkjet printing technology
and are widely used by various enterprises directly producing
corrugated boxes in the corrugated packaging field.(II) Industry overview
1. Industry of the intelligent marine equipment business segment
1.1 Outboard motor industry
(1) Application scenarios of outboard motors
Outboard motors are the key auxiliary equipment for small- and medium-sized ships and are characterized by
their compact structures light weights convenient installation and maintenance easy operations and low noise
they have become indispensable key equipment in the modern aquatic leisure and entertainment sector. The
performance of outboard motors directly determines the navigation efficiency and user experience of vessels. The
downstream of the outboard motor industry involves the shipbuilding industry primarily applied in areas such as
yachts sailboats and other vessels encompassing applications including leisure and sports commercial
operations and governmental maritime administration.Applications of Parsun Power’s Outboard Motors
Field Scenario Example
Recreational
Recreational fishing sailing and
water sports
Page 13 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Field Scenario Example
Fishing water
traffic and
Commercial
waterway
maintenance
Emergency rescue
and maritime patrol
Governmental Beach landing and
water
reconnaissance
(2) Market size and development trends of outboard motors
Global Market: According to a report by the international market research agency GMI the global market
sales for outboard motors are expected to reach USD15975 million by 2030 with a compound annual growth rate
(CAGR) of 5.35% from 2023 to 2030.
Page 14 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Figure: Global Outboard Motor Sales Volume and Market Size 2023–2030 (in ten thousands of units in hundreds of millions of US dollars)
Units Dollars
By Application Field: The recreational boating sector is the largest downstream application market for
outboard motors. By 2030 it is expected that the market share of outboard motors used in water-based leisure
sports will account for 73.22% globally. Yachts are one of the main downstream products equipped with outboard
motors. In recent years the global yacht industry has shown a trend of expanding scale. According to a report by
the China Association of the National Shipbuilding Industry the global leisure boat market size is expected to
grow from USD16.4 billion in 2021 to USD23.6 billion in 2027 with a CAGR of approximately 6.20%.Benefiting from the rapid growth of the downstream yacht market the global outboard motor market for water
leisure sports is expected to grow steadily.By Power Size: The global outboard motor market exhibits a distinct horsepower segmentation pattern. Low-
Horsepower outboard motors are mainly used in scenarios such as recreational fishing small yachts and short-
distance water transportation. Mid-to-high horsepower outboard motors carry higher unit prices and account for a
large share of the overall market scale. They are primarily applied in high-performance yachts commercial
operations and governmental and maritime sectors. The market share of mid-to-high horsepower outboard motors
accounts for more than three-quarters of the total market. In 2023 the mid-to-high power outboard motor market
share in the global outboard motor market was 79.72%. North America and Europe are the main markets for mid-
to-high power outboard motors. From 2023 to 2030 the compound annual growth rate (CAGR) of the mid-to-high
power outboard motor market in the Asia-Pacific region is expected to reach 8.97%.Page 15 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Figure: Market Size and Forecast of Outboard Motors by HP 2023–2030 (in hundreds of millions of US dollars)
Small HP mid-to-high HP
Chinese Market: By 2030 the market size of outboard motors in China is expected to reach USD588 million
with a compound annual growth rate (CAGR) of 9.79% from 2022 to 2030 significantly higher than the global
CAGR. Benefiting from the rapid growth of China’s economy and changes in residents’ recreational habits China
has become one of the fastest-growing countries in the global outboard motor market.
(3) Industry policies related to the outboard motor sector
With steady economic growth rising household income and evolving consumption habits China’s aquatic
tourism and leisure industry has achieved rapid development in recent years. Government authorities at all levers
in China have provided substantial policy support for the development of boat and yacht-related industries.For
example the National Development and Reform Commission has included high-performance ships such as
superyachts luxury cruise ships marine surveillance vessels and small-waterplane-area twin hulls among items
for encouragement. The Ministry of Industry and Information Technology has proposed developing brand
products such as luxury superyachts sightseeing boats and official boats. The State Council has also proposed
vigorously developing marine tourism manufacturing localised tourism equipment such as cruises and cruise
yachts and vigorously developing cruise yacht tourism. China’s yacht industry will usher in rapid development.Jointly issued by the Ministry of Industry and Information Technology the National Development and
Reform Commission the Ministry of Finance the Ministry of Ecology and Environment and the Ministry of
Transport the "Action Plan for the Green Development of the Shipbuilding Industry (2024—2030)"
states:"Actively and steadily promote the research and development and demonstration application of battery-
powered ship types that meet the necessary conditions; actively and steadily expand the scope of application of
traction batteries in ships." The "Action Plan for Promoting the High-Quality Development of the Marine
Economy in Guangdong Province (2025—2027)" points out:"Strengthen the research development and
manufacturing of new types of special ships such as new energy ships intelligent ships and advanced cruise ships
and ferries; accelerate the research and development of unmanned ship and boat technologies." And the "Action
Plan for the Development of the Electric Ship Industry in Fujian Province (2026—2028)" proposes:"Vigorously
Page 16 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
promote the application of electric ships in inland rivers lakes and other water areas; accelerate the mass
construction of electric cruise ships and electric cargo ships; support the construction and commissioning of
coastal electric sightseeing ships ferries and yachts; promote the electrified upgrading and renewal of official
ships used by departments such as transportation water conservancy cultural tourism marine fisheries
environmental protection and natural resources."
(4) Market competition landscape in the outboard motor sector
The major participants in the global outboard motor market are Japanese and American brands including
Yamaha and Suzuki from Japan and Mercury from the United States. Compared to international competitors
Parsun Power relying on its product performance that is close to the competitors’ and its clear price advantage
competes globally with American and Japanese manufacturers by offering high cost-performance products.Parsun Power a holding subsidiary is a leading company in the domestic outboard motor industry. The
company is a national “Little Giant” enterprise specializing in innovation a national high-tech enterprise the
Jiangsu Province Outboard Motor Engineering Technology Research Center a recognized enterprise technology
center in Jiangsu Province a leading enterprise in the Chinese internal combustion engine industry and a member
unit of the Small Gasoline Engine Branch of the China Internal Combustion Engine Industry Association. At the
same time its outboard motor products have also received various honors including the National Torch Program
Industrialization Demonstration Project Certificate China Machinery Industry Innovative Products Jiangsu
Province Famous Brand Products and Suzhou City Famous Brand Products.
(5) Development trends of the outboard motor industry
Domestic substitution has become the mainstream trend in the development of China’s outboard motor
industry. Against the backdrop of economic development and changes in the consumption structure of recreational
sports national encouragement for import substitution of domestic equipment and the rise of domestic outboard
motor brands represented by Parsun Power China as one of the fastest-growing major outboard motor markets
globally is expected to usher in a new stage of prosperous development for domestic outboard motor enterprises.Leading domestic outboard motor enterprises are expected to enjoy the dual dividends of high industry growth
and domestic substitution.Continuous improvement in intelligent manufacturing: The Outline of the 15th Five-Year Plan for NationalEconomic and Social Development of the People’s Republic of China proposes to “promote technologicaltransformation and upgrading and develop intelligent manufacturing green manufacturing and service-orientedmanufacturing”. To align with national policies and industry trends that promote the transition of China’s
manufacturing toward intelligent and green manufacturing the domestic outboard motor industry has taken
proactive measures. By continuously promoting the intelligent and information-based transformation and
upgrading of the outboard motor production and manufacturing process the industry has achieved cost reduction
quality improvement and efficiency enhancement. The intelligent and digital upgrading of production lines is also
an inevitable choice for modern manufacturing enterprises to enable rapid response and flexible production of
large-volume diversified product portfolios.Outboard motor horsepower continues to increase evolving toward green and environmental protection:
Page 17 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Driven by the growing global demand for water? based leisure and sports activities the rising environmental
awareness across countries and the impact of China’s “carbon peaking and carbon neutrality” policies the trend
of global outboard motor products developing toward four-stroke medium-to-large horsepower and new energy is
becoming increasingly evident. Against the backdrop of increasing demand for medium-to-large horsepower fuel-
powered outboard motors for vessels such as recreational and luxury yachts medium-to-large horsepower fuel-
powered outboard motors are simultaneously evolving toward technical solutions with lower emissions and
greater environmental sustainability. Driven by the rapid development of technologies such as electric motors and
batteries the development of electric outboard motors has continued to accelerate in recent years. Electric
outboard motors feature zero pollution and ultra-quiet operation meeting the needs of specific scenarios such as
tourist attractions aquaculture and fishing. With the continuous development and breakthroughs in related
technologies electric outboard motors are expected to move toward higher power outputs and broader application
scopes in the future.
1.2 Electric trolling motor industry
The electric trolling motor is mainly used in recreational fishing and competitive fishing events and can also
serve as an auxiliary electric propulsion device for position holding or course adjustment.According to the Fact.MR report the global market size for electric trolling motors is expected to grow from
approximately USD583 million in 2023 to around USD851 million by 2034. Among them bow-mounted models
will account for over 60% of the total electric trolling motor market. In a global context North America and
Europe are currently the main markets for electric trolling motors with regions such as East Asia and Southeast
Asia developing at a faster pace. Domestically the use of electric trolling motors is concentrated in areas where
recreational fishing culture is popular such as coastal provinces in China and locations where fishing enthusiasts
gather.The Chinese electric trolling motor market is in its growth phase. Due to the continuous increase in the
number of participants in water-based recreational sports greater product awareness and more affordable pricing.electric trolling motors are gradually penetrating from the professional sea fishing tackle market into the broader
mass-market water recreation sector. With ongoing trends like technological innovations (such as multi-mode
satellite navigation high-precision positioning control systems energy system optimization brought by motor and
battery technology advancements) and domestic substitution the Chinese electric trolling motor market has
substantial potential for development.
1.3 General machine industry
General machines are widely used in fields including agricultural machinery garden machinery and small
construction machinery serving a broad range of purposes.Global market: In developed countries and regions such as Europe and the United States general machines
have widely entered households as consumer tools. These products enjoy substantial demand feature short
replacement cycles and exhibit relatively stable market demand. In other developing countries across Asia Africa
Page 18 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
and Latin America significant demand for general machines has also emerged due to incomplete national power
infrastructure and increasing mechanization rates.From the perspective of the global market the demand for general machines remains above 60 million units
per year. Regions such as North America and Europe certain Southeast Asian countries and the Middle East are
economically developed with high living standards making them the primary consumer markets for general
machines. Emerging markets such as Africa and Latin America have also generated significant demand for these
products due to economic growth increased infrastructure construction and the trend of machinery replacing
manual labor. In developing countries across regions such as the Middle East and Africa with large populations
landscaping management and agricultural production have long been predominantly manual labor? based
resulting in low productivity. Gardening machinery and agricultural machinery can serve as effective substitutes
for manual labor significantly improving both work efficiency and production output. In recent years investment
in garden and agricultural machinery in developing countries has increased year by year making them important
markets for general machines.Chinese market: In China general machines are used as supporting power and are widely applied in
generator sets water pumps small construction machinery and other fields closely related to the national
economy covering industry agriculture transportation emergency rescue and disaster relief. According to
statistics from the China Internal Combustion Engine Industry Association currently more than 80% of China’s
general machines are exported and production accounts for approximately 40% to 50% of total global output
making China the world’s largest producer.
2. Industry of the embodied intelligence robotic equipment business segment
Embodied intelligence robots are physical robots equipped with the embodied intelligence paradigm. Thecore is to provide AI with a physical body to complete a closed-loop interaction of “perception-understanding-planning-execution-feedback” in the real three-dimensional physical world enabling autonomous learning and
adaptive adjustment through dynamic interaction with the environment. Currently the primary forms of embodied
intelligence robots include humanoid robots quadruped robots specialized non-standard robots and desktop-level
small embodied robots.Specifically the humanoid robot is an intelligent robot with human-like dimensions physical features and
mobility. Because its humanoid structure provides the interaction interface best suited for human environments it
is considered the optimal carrier for embodied intelligence. From the perspective of size functional applications
and target scenarios humanoid robots can be categorized into full-size medium-sized and small-sized humanoid
robots. From the perspective of mobility humanoid robots can be categorized into bipedal and wheeled humanoid
robots.
(1) Industry policies related to embodied intelligence robots
The embodied intelligence robot industry is one of the most potential and promising industries in the global
technology field today. It deeply integrates numerous fundamental disciplines such as artificial intelligence (AI)
mechanical engineering electronic technology and materials science and has become a critical battleground for
Page 19 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
countries competing for the commanding heights of the AI industry. It is also an important carrier for China to
develop new quality productive forces and cultivate emerging industries. As an advanced form of AI embodied
intelligence robots are propelled by AI and embodied intelligence technologies as core drivers. They are rapidly
transitioning from technical validation to large-scale deployment. Their industrial development deeply aligns withthe core requirements of new quality productive forces which are “led by technological innovation and orientedtoward high-quality development”.Since 2023 national and local authorities have successively issued a series of policies to support the
development of the embodied intelligence industry. The main highlights are as follows:
In October 2023 the Ministry of Industry and Information Technology issued the Guiding Opinions on the
Innovative Development of Humanoid Robots proposing that: By 2027 the technological innovation capability of
humanoid robots will be significantly improved a safe and reliable industrial chain and supply chain system will
be formed an internationally competitive industrial ecosystem will be built and comprehensive strength will
reach the world’s advanced level. To expand the scenario applications of humanoid robots on one hand typical
manufacturing scenarios should be created. With a focus on key manufacturing fields such as 3C and automobiles
it is necessary to improve the capabilities of humanoid robots in tool operation and task execution and build
demonstration production lines and factories for humanoid robots to achieve deep application in typical
manufacturing scenarios. Facing structured production and manufacturing processes the application and
popularization of humanoid robots in processes such as assembly transfer inspection and maintenance should be
promoted.In January 2024 seven authorities including the Ministry of Industry and Information Technology jointly
released the Implementation Opinions on Promoting the Innovation and Development of Future Industries
proposing that: Facing major national strategic needs and the people’s needs for a better life we should accelerate
the implementation of major technical equipment breakthrough projects achieve breakthroughs in high-end
equipment products such as humanoid robots quantum computers ultra-high-speed trains next-generation large
aircraft green intelligent ships and unmanned vessels drive the industrialization of new technologies through
complete machines and build a world-leading high-end equipment system.In March 2025 the Several Policy Measures of Guangdong Province to Promote the Innovation and
Development of the Artificial Intelligence and Robotics Industry proposed many initiatives including supporting
breakthroughs in key core technologies; supporting various innovation subjects such as enterprises universities
and scientific research institutes to carry out joint research; establishing industrial innovation alliances around the
upstream and downstream of the AI and robotics industrial chain; creating application scenarios; organizing and
carrying out “Robot +” actions; and deeply exploring and opening up application scenarios in fields such as
industry agriculture urban management medical care elderly care services and special operations.In December 2025 eight authorities including the Ministry of Industry and Information Technology jointly
issued the Implementation Opinions on the “AI + Manufacturing” Special Initiative proposing that: It is
necessary to promote innovation in embodied intelligence products build pilot testing bases and training grounds
for humanoid robots create benchmark production lines for humanoid robots and take the lead in applications
within typical manufacturing scenarios. Humanoid robots are positioned as the core carrier of embodied
Page 20 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
intelligence and are included in the key tasks for breakthroughs in intelligent equipment. The goal is to promote
their transition from R&D to engineering mass production and large-scale application by 2027.In March 2026 Chapter 5 “Cultivating and Strengthening Emerging and Future Industries” of the Outline of
the 15th Five-Year Plan for National Economic and Social Development of the People’s Republic of China
proposed that: It is important to coordinate the layout of embodied intelligence training grounds promote
collaborative training and evolution through the integration of virtual and real environments deeply research
physical artificial intelligence develop embodied models and algorithms with integrated “large and small brains”
make breakthroughs in key technologies such as the main body and core components and accelerate the upgrades
and application of various product forms such as humanoid robots.
(2) Commercial applications and future development trends of embodied intelligence robots
Based on the existing application scenarios and plans of mainstream domestic and foreign manufacturers in
the field of embodied intelligence robots the existing and potential main application scenarios in the short to
medium term include: scientific research and education (scientific research secondary development science
popularization and education) commercial services (reception guided tours and explanations interactive
entertainment) data collection industrial manufacturing and home services. Other application fields include labor
replacement in special scenarios with high repeatability and high danger such as firefighting and disaster relief
power grid inspection emergency rescue and security patrolling.Rather than evolving independently in silos the above application scenarios exhibit a collaborativerelationship characterized by “mutual nourishment through technical iteration phased deployment across diversescenarios and layered market expansion” collectively forming a complete industrial ecosystem transitioning from
technical validation to large-scale commercialization.In the medium to long term the commercialization of embodied intelligent robots aims to penetrate both
manufacturing facilities and residential environments providing services for industrial household and societal
applications. The order of application will be jointly determined by the degree of structure of the application
scenario and the complexity of the tasks to be executed.Looking forward driven by multiple forces including breakthroughs in technology and products the rapid
development of related industries and markets and national support policies the embodied intelligence robot
industry will exhibit the following development trends: continued expansion of application scenarios and
accelerating commercialization; sustained cost reductions coupled with faster progress toward mass production;
and deep collaboration across the industrial chain where ecosystem development will emerge as the decisive
factor for long? term competitiveness.
(3) Market size of the embodied intelligence robot industry
By 2025–2026 the embodied intelligence robot industry has successfully transitioned beyond its
early? stage technology incubation phase. The focus of development has gradually shifted from technology R&D
to market? oriented deployment and commercial value realization. 2025 is generally regarded as the inaugural
Page 21 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
year of commercialization for the industry with humanoid robot shipments and deliveries surging from
pilot? scale projects in the thousands to commercial? scale adoption in the tens of thousands giving rise to a
market valued in the tens of billions of RMB.According to Omdia Market Radar: General-purpose Embodied Intelligent Robots 2026 released by the
overseas research institution Omdia the total global shipments of general-purpose embodied robots including
bipedal and wheeled humanoid robots will reach approximately 13300 units in 2025. Compared to the shipment
volume of 2300 units in 2024 this represents a significant growth of nearly five times. Meanwhile the report
estimates that by 2035 global shipments of embodied intelligence robots will reach 2.6 million units with a
compound annual growth rate of 85% during the 2024–2035 period indicating the industry’s enormous growth
potential.Global Embodied Intelligence Robot Shipment Forecast for 2024-2035 (Source: Omdia)
According to the 2025 Humanoid Robot Market Research Report jointly released by domestic research
institutions CCID Media and China Electronics News global humanoid robot shipments in 2025 will be
approximately 17000 units with a market size of RMB2.88 billion; shipments from Chinese humanoid robot
companies will be approximately 14400 units accounting for 84.7% of total global shipments and China’s
corresponding market size will reach RMB1.55 billion accounting for approximately 53.8% of the global market
size.The humanoid robot industry has completed its foundational technology accumulation and entered a critical
phase of commercialization. The industrial breakthroughs in 2025 further verify the feasibility of its commercial
deployment. Looking ahead driven by technological upgrades cost reductions and expanding application
scenarios the humanoid robot market is set to expand further. According to market agency forecasts the global
market is expected to reach a scale exceeding RMB100 billion by around 2035.Page 22 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(4) Market competition and industry chain development of the embodied intelligence robot industry
The global embodied intelligence robot industry is transitioning from technology validation to the critical
phase of large? scale commercial deployment with market competition characterized by a dual-core drive from
China and the United States. The U.S. robotics industry features prominent representatives including Tesla Figure
and Boston Dynamics while China’s market is driven by enterprises such as Unitree Robotics UBTECH Leju
Robotics AGIBOT GALBOT and Dobot. This competitive landscape is further enriched by a wave of new
entrants ranging from startups to automakers like XPeng and Xiaomi as well as AI technology firms.The embodied intelligence robot industry chain has evolved into a development structure comprising three
major segments: upstream components and systems midstream body structure design and production and
downstream application scenarios as shown in the figure below:
Embodied Intelligence Robot Industry Chain
Upstream components and systems cover mechanical components (joint modules dexterous hands body
structural parts etc.) sensing components (vision sensors force sensors tactile sensors etc.) control components
(drivers reducers encoders etc.) and power components (high-energy-density batteries power management
modules etc.). The midstream body structure design and production segment mainly covers the R&D design
manufacturing and system integration of embodied intelligence robot bodies. Downstream application scenarios
mainly include scientific research and education commercial services data collection industrial manufacturing
and home services.Regarding the embodied intelligence robot equipment business segment of Dongfang Precision the main
businesses during the Reporting Period include:
1. Production and assembly of humanoid robot bodies and manufacturing of key core components for
Page 23 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
humanoid robots: This process is positioned in the midstream of the industrial chain and involves cooperation
with the humanoid robot enterprise Leju Robotics in the production and assembly of complete humanoid robots
as well as the manufacturing of key core components for humanoid robots.
2. Humanoid robot data collection/training and scenario? based application solutions: This process is
positioned downstream in the industry chain aimed at accelerating the deployment of humanoid robots across
multiple application scenarios.
3. Industry of the intelligent packaging equipment segment
Dongfang Precision’s intelligent packaging equipment business segment primarily serves downstream
customers in the corrugated packaging sector. The Company produces and sells complete production lines and
single machines for carton manufacturing to industry customers in this field.
(1) Development trends in the packaging equipment-related industries
End demand for corrugated packaging is growing: Corrugated packaging products are used in a vast
number of fields including food and beverage household chemicals electronic products and e-commerce
express delivery and are inelastically demanded by consumers. Electronic products beverages food household
chemicals and express delivery take up 26% 21% 20% 13% and 13% respectively of the downstream
application market of paper packaging. China’s express market and the relevant fields such as e-commerce and
logistics show an increasing demand for corrugated packaging which will drive the expansion of the capacity of
corrugated packaging enterprises and thus increase the demand for corrugated packaging machinery.Digital and intelligent upgrading brings new development opportunities. The “strategy of robotassembling line” and “smart factory” are increasingly recognized by the industry. In recent years leading
domestic enterprises in the corrugated paper/containerboard packaging field including Nine Dragons Paper
(Holdings) Limited (Nine Dragons Paper) Shanying International Holdings Co. Ltd. Xiamen Hexing Packaging
Printing Co. Ltd. (HXPP) MYS Group Co. Ltd. (MYS) Shenzhen YUTO Packaging Technology Co. Ltd. and
Shenzhen Jinjia Group Co. Ltd. have successively entered markets such as intelligent manufacturing one after
another. The capacity upgrade in the paper packaging and printing industry continues to deepen. Against the
backdrop of intelligent manufacturing leading enterprises in the corrugated paper packaging equipment industry
are also expected to embrace new development opportunities.The rapid development of digital printing brings more development opportunities for the industry.According to the report of Smithers Pira during the period from 2024 to 2029 the compound annual growth rate
of digital inkjet printing in the packaging field will be approximately 15%. It is estimated that the global market
size of digital inkjet printing in the packaging field will reach USD18.08 billion by 2029. In the Chinese market
with the continuous growth of demand for “small-batch + multi-variety + personalized + customized” packaging
in the packaging field digital inkjet printing is rapidly penetrating the packaging sector. According to the forecast
of Qianzhan Research Institute the compound annual growth rate of digital inkjet printing in China’s packaging
field will be about 18.0% from 2024 to 2029.Page 24 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(2) Market competition in packaging equipment-related industries
In the field of corrugated box printing and packaging equipment the major manufacturers include Dongfang
Precision Bobst Gopfert Ward Shanghai Dinglong and Guangzhou Keshenglong. Dongfang Precision is a
professional manufacturer with an early start and strong comprehensive strength among domestic fellow
companies enjoying high brand awareness and customer recognition in the industry with products exported to
more than 60 countries and regions across Europe America Asia Africa Latin America and Oceania. It can
provide industry customers with dozens of products of different specifications and market positions leading the
industry in terms of the richness of its corrugated box printing and packaging equipment portfolio.In the field of digital printers major manufacturers include HP EFI Koenig & Bauer Durst Wonder Digital
Hanway and Atexco. Wonder Digital a majority-owned subsidiary of Dongfang Precision is a leader in the
domestic digital printer industry and has been committed to extending digital printing technology to such fields as
paper packaging (color printing & pre-printing) advertising home furnishing building materials and label
printing. With its comprehensive product matrix Wonder Digital provides paper packaging digital printers that
meet the diverse needs of industry customers with different market positions and levels. Wonder Digital’s digital
printers have been exported to countries and regions such as Europe America the Middle East Latin America
and Southeast Asia.(III) Principal operations of the Company in the Reporting Period
With “intelligent equipment manufacturing” as its primary strategic focus Dongfang Precision is firmly
advancing the implementation of its “Technology Transformation” strategy. Currently the Company’s mainbusiness segments include “intelligent marine equipment embodied intelligence robotic equipment andintelligent packaging equipment”.Business Segments of Dongfang Precision
Page 25 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
1. Intelligent marine equipment business
The main products of Parsun Power a subsidiary are outboard motors of various specifications and series.The product power range is broad covering from 2 horsepower to 300 horsepower. The products are of stable
quality and reliable performance with some products offering comprehensive performance comparable to
internationally renowned brands and emissions meeting European and American standards. Most models have
passed the China Classification Society (CCS) certification European CE certification and U.S. EPA certification.These products are widely used in water leisure sports fisheries water transportation emergency rescue coastal
landing maritime patrol and other fields and are exported globally.
(1) Outboard motors
Parsun Power has achieved a complete product line layout of “gasoline — diesel — electric” outboard
motors. Leveraging its years of experience and leading market share in the gasoline outboard motor sector the
company is now advancing towards high-power diesel and electric outboard motors. In the future Parsun Power's
outboard motor products will gradually focus on mid-to-high power while expanding the electric outboard motor
product line to continue solidifying its position as a leading domestic outboard motor brand.Gasoline outboard motors are the most diverse product range in Parsun Power’s portfolio covering from 2
horsepower to 300 horsepower including two-stroke and four-stroke models. Parsun Power has accumulated
extensive experience in this field over many years developing proprietary technologies that are applied to its
products. In 2021 and 2023 Parsun Power successfully commended volume production of 115hp and 130hp
gasoline outboard motors respectively. In 2024 Parsun Power launched China’s first domestically developed
Page 26 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
300hp gasoline outboard motor. In 2025 Parsun Power achieved volume production of the 300hp gasoline
outboard motor and deliver over 200 units filling a gap in the domestic industry. It became the first Chinese
enterprise to mass-produce 300hp gasoline outboard motors positioning China as the third country worldwide—
following the United States and Japan—to successfully achieve volume production of 300hp gasoline outboard
motors.The 300-horsepower outboard motor belongs to the high-power segment with application scenarios covering
recreational commercial and other professional fields including sea fishing surfing marine cruising fisheries
water transportation as well as maritime law enforcement patrols maritime search and rescue etc. It employs a
range of advanced technologies such as four-stroke engines electronic fuel injection (EFI) lightweight materials
and integrated electronic control systems. It is the representative of high-end positioning and high-value-added
products in the global outboard motor market.As a Chinese manufacturer Parsun Power’s breakthrough in the large-horsepower model allows it to directly
target high-value markets competing globally with the core advantages of Chinese manufacturing. Parsun Power
is poised to become one of the core competitors in the global high-end outboard motor market laying the
foundation for its entry into the global high-end leisure yacht market and becoming a key driver of future revenue
growth.Diesel outboard motors retain the advantages of gasoline outboard motors such as ease of installation
maintenance and operation while also offering greater fuel efficiency lower emissions higher torque enhanced
safety and easier maintenance mainly used in commercial transport offshore oil extraction and public law
enforcement fields. The development of Parsun Power’s own-brand diesel outboard motors is advancing rapidly.In March 2026 Parsun Power launched the world’s only 200hp-class diesel outboard motor. This product
represents a breakthrough over gasoline outboard motors in both technology and performance including lower
diesel volatility for safer operation; superior fuel efficiency that delivers greater economic value to customers
amid fuel price fluctuations; and strong torque output at low engine speeds for more stable power delivery and
faster response.Electric outboard motors use rechargeable batteries as an energy source and convert electrical energy into
kinetic energy via an electric motor. Compared with fuel-powered outboard motors they feature zero emissions
lower noise and are easier to operate. Parsun Power’s electric outboard motors primarily focus on small to
medium horsepower mainly used in environmentally sensitive areas such as tourist resorts.
(2) Electric trolling motors
In 2025 Parsun Power launched and achieved volume production and delivery of its first intelligent electric
trolling motor. This product is Parsun Power’s first electric trolling motor and also China’s first electric trolling
motor product with a folding structure. During the development process of this product Parsun Power has adhered
to the “high-end positioning positive R&D” philosophy and performed over 40 rounds of shape optimization
more than 70 structural adjustments over 100 software version iterations and nearly a thousand water tests
achieving core technology and production manufacturing independence and control.
(3) General machines
Parsun Power’s general machine products mainly include gasoline motors; gasoline generator sets and
Page 27 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
gasoline water pump sets. Gasoline motors primarily single-cylinder four-stroke units utilize gasoline as fuel and
are adaptable for use in agricultural machinery gardening equipment and other small machinery applications.Gasoline generator sets combine these motors with generators functioning as standby power sources. The
gasoline water pump sets feature centrifugal pumps driven by gasoline motors and are extensively utilized in
agricultural irrigation livestock watering and similar domains.Parsun Power’s general machine products are mainly sold to Africa and Middle East. With a leading market
layout and relying on excellent product quality and stable performance Parsun Power has established a significant
brand advantage and a good market reputation in these regions.
(4) Operational model of the Intelligent marine equipment business
Regarding the business of Outboard motors and Electric trolling motors:
In terms of sales Parsun Power follows a global industry-standard sales model that primarily relies on
distribution supplemented by direct selling. The demand for outboard motors which are the company’s main
product is mainly distributed overseas with end customers scattered throughout the world. Adopting a
distribution-centric sales model enables Parsun Power to reach end customers to the fullest extent possible. In
terms of production Parsun Power produces outboard motor products independently utilizing sales demand
forecasts customer orders product inventory status material delivery progress and product production cycles to
formulate production plans. The company then organizes the production of components in accordance withspecialized processes and procedures. In procurement following the principle of “sales determine productionproduction determines procurement” Parsun Power determines the procurement requirements for its outboard
motor business while also taking into account reasonable safety stock.Regarding the business of General machines:
Parsun Power has adjusted its general machine business from the early independent production model to anOEM outsourcing model based on its strategic positioning. According to the principle of “sales determineprocurement” while also taking into account reasonable safety stock Parsun Power provides design drawings
technical specifications and quality requirements to the OEM manufacturers. These manufacturers directly
purchase raw materials carry out customized production and deliver finished products.Page 28 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Annual Report 2026
Primary Product Portfolio of Parsun Power
Brand Product type Product image Main characteristics
High-Efficiency Power System
300-hp(four-stroke)
4.2L V6 DOHC engine delivers powerful power output
gasoline
Electronic Fuel Injection (EFI) technology precisely controls the
mid-to-high outboard motor fuel-air mixture enabling more complete combustion and
power outboard reducing fuel consumption and Variable Valve Timing (VVT)
motors technology enhances mid-to-low speed torque and improves
acceleration performance.Enhanced Structural Strength
Hydrodynamic exterior design reduces water resistance
delivering more stable and efficient power transmission.High-flow water pump impeller design increases cooling water
pressure to ensure reliable operation.
130/115-hp(four- High-grade marine-grade materials improve corrosion resistance
stroke) gasoline and durability of components lowering maintenance and
outboard motor replacement costs. Multi-layer anti-corrosion coatings and anode
protection further upgrade the corrosion protection level.Intelligent control Reliable Power Transmission
system The classic 1.8L L4 DOHC engine provides stable power output
with high reliability.Electronic Fuel Injection (EFI) technology precisely controls the
fuel-air mixture for more complete combustion reducing fuel
consumption and emissions.Mature and robust throttle and shift mechanisms with low
maintenance costs.Page 29 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Annual Report 2026
Brand Product type Product image Main characteristics
Electronic control system Electronic Control System: One-button start/stop cruise
control berthing and automatic tilt enabling seamless switching
Marine-grade
between multiple working conditions and human-machine
touch screen
interaction; Electronic throttle/shift with extreme response
Electric outboard
motor control low maintenance costs and improved handling feel ands
safety；
Marine-grade Touch Screen: Real-time display of engine
speed tilt angle steering angle water temperature oil pressure
fault alarms etc. to ensure navigation safety.High-Efficiency Power System: Sensor-less & brush-
less motor technology featuring anti-interference high
efficiency low noise and long service life. It provides
instantaneous torque output with fast response.lectric trolling Intelligent Energy Management: High-density lithiumE
motors battery pack ensures long endurance and supports multiple
charging modes.The BMS (Battery Management System) monitors
temperature voltage and current in real time and is
equipped with multiple protection mechanisms.Precise Control Experience: Electronic throttle and
direct-drive transmission structure enable millisecond-
level power response.Page 30 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Annual Report 2026
Brand Product type Product image Main characteristics
Efficient Powertrain
Senseless brushless motor technology offers strong anti-
interference performance high efficiency low noise and
long service life. It provides instantaneous torque output
for faster response.Intelligent Energy Management
High-density lithium battery packs ensure reliable
endurance and support multiple charging modes.The BMS system monitors temperature voltage and
current in real time with multiple built-in protection
mechanisms.Precise Handling Experience
Electronic throttle and direct-drive transmission structure
enable millisecond-level power response.High rotation speed simple structure and stable operation.Portable cost-effective lightweight and easy to use and
General Machines maintain.Widely used in agriculture landscaping engineering
operations and other scenarios.Page 31 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Annual Report 2026
2. Embodied intelligence robotic equipment business
The operating entities of the embodied intelligence robotic equipment business under Dongfang Precision are the
majority-owned subsidiary Dongfang Primo and the subsidiary Dongfang Digicom. They respectively carry out the
production and assembly of embodied intelligence robot bodies the manufacturing of key core components for embodied
intelligence robots as well as businesses related to embodied intelligence robot data collection/data training and scenario-
based application solutions. During the Reporting Period the robots produced and delivered by the Company were
primarily humanoid robots.
(1) Production and assembly of humanoid robot bodies and manufacturing of key core components for
humanoid robots
In March 2026 the automated humanoid robot production line jointly created by Dongfang Precision and Leju
Robotics and operated by Dongfang Precision’s majority-owned subsidiary Dongfang Primo was completed at the Foshan
manufacturing base and entered the large-scale production stage. According to the production line construction plan the
designed annual production capacity of this line is expected to reach the scale of tens of thousands of units. The
completion and commissioning of this production line not only mark a “zero? to? one” breakthrough for Dongfang
Precision in entering the manufacturing of embodied intelligence robotic equipment but also signifies the materializationof the strategic cooperation agreement reached with Leju Robotics in 2025 on “Dongfang Precision providing humanoidrobot production and manufacturing for Leju Robotics”.During the Reporting Period the primary products of the majority-owned subsidiary Dongfang Primo were the
Kuavo (Kuavo 5) series of full-sized humanoid robots produced and assembled for Leju Robotics including bipedal and
wheeled humanoid robots (as shown in the table below).Kuavo 5 Full-sized Humanoid Robot Kuavo 5-WWheeled Humanoid Robot
Leveraging its mature experience and manufacturing management capabilities in high-end equipment manufacturing
Page 32 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Annual Report 2026
and large-scale automated production line integration Dongfang Precision assists Leju Robotics in achieving capacity
ramp-up for humanoid robots ensuring stable yield rates and timely delivery during the initial phase of mass production.According to Leju Robotics’ information disclosure it is expected that for the foreseeable future Leju Robotics’ full-sized
robot products will be primarily produced by Dongfang Primo.Currently Dongfang Primo is dedicated to refining and maturing the production processes manufacturing workflows
quality systems and talent teams of the robot production line through ongoing efforts with a key focus on building core
value capabilities in three areas: quality control delivery cycles and production costs. If Dongfang Primo can provide
customers with industry-leading commitments and services in the aforementioned three areas in the future it will serve as
the fundamental guarantee for the Company to continuously obtain orders and achieve sustained performance growth.
(2) Humanoid robot data collection/data training and scene-based robot application solutions
The physical attributes of humanoid robots along with the requirement to adapt their task objectives to diverse real-
world scenarios determine that constructing a large-scale high-quality cross-scenario real-machine data ecosystem and
generating real-machine data in real-world scenarios is the key path for humanoid robots to move toward practical
application and deployment in diverse scenarios. Real-machine data is a resource widely recognized by the industry and
its value lies in providing support for subsequent scenario exploration and model optimization.Data collection/training provides high-fidelity simulation environments covering core and long-tail scenarios across
various industries and fields enabling the large? scale generation of high? quality real? machine data. This reduces the
comprehensive costs of R&D and implementation for specific robot applications while also establishing a unified
annotation framework and quality validation process to produce structured reusable datasets. Meanwhile large-scale data
collection offers significant cost advantages by improving efficiency through multi-robot parallel operations. Furthermore
A collaborative model combining government industry academia research and users for building a shared data platform
not only avoids duplication of effort and waste of resources but also accelerates industry? wide technological progress
via data trading or open? source sharing.Systematic large-scale and industrialized data collection will become the core data source as the embodied
intelligence robot industry enters the stage of large-scale development. It may even become the core infrastructure for
industry development spanning the entire industry lifecycle including technological upgrades deep scenario expansion
and the deepening of commercial deployment. Under the guidance of national policies since 2025 many local
governments in China have stepped up efforts to accelerate the construction of humanoid robot data collection centers and
are actively fostering regional data collection industries for humanoid robots. The industrialized collection model
generally involves professional platforms jointly established by governments enterprises and scientific research
institutions. To date robot data training centers or training grounds have been established in Beijing Shanghai Qingdao
Jiujiang Suzhou and other locations.Page 33 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Annual Report 2026
Examples of Daily Scenarios for Data Collection/Training
Scan code and enter information; grasp scan gun; scan barcode Weigh materials; grasp materials; place into transfer box Pack materials; grasp materials; close box lid
Sort materials; grasp materials; sort and pack Grasp wrench; tighten screws Grasp sponge; wipe disk surface
As professional platforms for data collection humanoid robot data training centers or training grounds serve a
diverse clientele including robot manufacturers embodied intelligence large model developers and scientific research
institutes. Their primary businesses include the sale of data products and the leasing of training facilities. On one hand
data collection/training provides downstream customers with standardized training datasets and offers venues and
equipment for customers to independently collect customized data required for production and operations. On the other
hand the collected data feeds back into the iterative upgrading of models used by humanoid robots ultimately forming a
closed loop of “data collection—commercial monetization—model optimization—data quality improvement” driving the
continuous and healthy development of the industrial ecosystem.In May 2026 the Guangdong-Hong Kong-Macao Greater Bay Area (Foshan) Embodied Intelligence Robot Data
Training Center was officially inaugurated jointly established by Dongfang Precision the Administrative Committee of
Foshan High? tech Industrial Development Zone and Foshan Financial Investment Holdings Co. Ltd. Dongfang
Digicom a wholly-owned subsidiary of Dongfang Precision is responsible for the project construction daily operation
data training and marketing of the data training center. The completion and operation of the aforementioned data trainingcenter mark the implementation of the cooperation direction of “jointly promoting the expansion of humanoid robotapplications” under the strategic cooperation agreement reached between Dongfang Precision and Leju Robotics in 2025.During the Reporting Period the strategic and business positioning of the subsidiary Dongfang Digicom has
gradually transformed from a “provider of industrial Internet industry solutions” to an “integrator of robot applicationsolutions oriented toward application scenarios”. Positioned itself as the “last? mile enabler” for humanoid robot
deployment and with robot data collection/data training industrial digital capabilities and robot hardware sales as its core
levers the subsidiary aims to use humanoid robot application scenarios as demand guidance. Relying on high-quality real-
machine datasets built by professional data collection platforms and collaborating with research and development
resources within the industrial ecosystem it co? develops application models and delivers deployable scenario? based
Page 34 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Annual Report 2026
solutions for specific humanoid robot use cases addressing the current generalization limitations of humanoid robots in
niche applications thereby accelerating the deployment of humanoid robots across multiple scenarios such as industry
commerce and daily life.In recent years Dongfang Digicom has carried out digital empowerment businesses in fields such as industrial
manufacturing helping industry customers build digital workshops and digital factories. The deep understanding practical
experience and accumulated expertise in the digitalization of industrial manufacturing scenarios gained through the
aforementioned industrial digital business will become valuable resources and important support for Dongfang Digicom to
drive business transformation and conduct secondary development model construction and solution implementation for
humanoid robots in industrial commercial and other application scenarios. Dongfang Digicom combines core digital
capabilities such as the industrial Internet data integration and intelligent scheduling with embodied intelligence robots.By integrating system platforms algorithm scheduling data collection and integration capabilities scenario applications
and engineering delivery capabilities it provides integrated solutions ranging from robot scheduling middleware to
on? site deployment. These solutions target scenarios such as industrial flexible manufacturing cultural tourism and
exhibition and education and training. Through this approach the company is transitioning from a production? line
digitalization service provider to a multi? scenario embodied robotic system integrator.
3. Intelligent packaging equipment business
(1) Corrugated box printing and packaging production lines
Domestically Dongfang Precision (China) is responsible for business operations associated with corrugated box
printing and packaging equipment while in the overseas market it is Dongfang Precision (Europe).Dongfang Precision (China) built its first water-based ink printing press in 1996 and in 1998 pioneered China's first
bottom-fed printing-slotting-die-cutting machine. The product matrix of Dongfang Precision (China) includes corrugated
converting line and single machine products that are of dozens of specifications and different market positioning featuring
fixed type/open-close type top printing/bottom printing and other technologies. These products mainly include
“Dongfang Star” Quickset Top Printing FFG and Top Printing Open-Close Type FFG Inline as well as “Asia Star”
Bottom Printing Die Cutter Stripper Vacuum Stacker Converting Line Bottom Printing Open-Close Type FFG Inline and
Bottom Printing Open-Closed Type/FFG & Stitcher.In addition to providing advanced corrugated carton printing and packaging complete lines and standalone equipment
products to industry customers Dongfang Precision (China) also continuously conducts businesses such as integrated
smart factory planning and smart logistics and management systems. The smart logistics solutions target major logistics
scenarios in the paper packaging manufacturing process integrating technologies such as automated equipment intelligent
algorithms and digital management platforms to help industry customers build digital factories/digital workshops and
achieve intelligent upgrading cost reduction quality improvement and efficiency enhancement.Page 35 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Annual Report 2026
Dongfang Precision (Europe) specializes in high-end corrugated converting line products. Its primary products
include “FD” Quickset Top Printing FFG “HGL” Quickset Bottom Printing FFG and Quickset Bottom Printing/Die
Cutter Stripper Vacuum Line. These products are designed with non-crush feeder design full servo control and fully
automatic control features making them more suitable for high-definition printing.Page 36 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(2) Digital Printers
The business is primarily led by the subsidiary Wonder Digital which provides solutions for customers in the
digital printing industry including digital printers ink accessories and professional services.Wonder Digital has introduced a variety of digital printers to meet the diverse needs of different market
segments and customer levels including Multi Pass digital printer series applicable for small-batch paper
packaging printing Single Pass digital printer series applicable for large/medium/small batch paper packaging
printing Single Pass digital series applicable for pre-printing on raw paper and Hybrid printer series that
combines Multi Pass high-precision printing and Single Pass high speed printing into one.Wonder Digital offers a diverse range of products that cover various types and specifications from post
printing to pre-printing from water-based dye/pigment water-based ink to spot color UV ink from boxes offset
cartons to sheet metal. The products also support a range of application modes and scenarios from single-sheet
printing to exchange orders seamlessly with variable data printing and from single machine printing to integration
with ERP systems. Apart from digital printers Wonder Digital also sells supporting units after printing section
including slotting and varnish coating units as well as special ink products that are compatible with its own-brand
equipment. These special ink products including water-based dye ink water-based pigment ink and UV ink.
(3) The operational model of the intelligent packaging equipment business
R&D model: The intelligent packaging equipment business of the Company has domestically industry-
leading independent design and R&D capabilities continually establishing high-level R&D innovation
management mechanisms. The R&D team spearheaded by industry experts employs a blend of long and short-
term product R&D planning supported by a market-oriented R&D mechanism.Procurement and production model: The intelligent packaging equipment business of the Company procures
raw materials such as steel plates metal components and electrical parts (such as motors and PLCs) from
external suppliers while producing some core components in-house. The complete lines’ products adhere to a
“made-to-order production” model. Upon receiving orders and partial deposits from customers the Company
purchases raw materials from suppliers based on specific customer requirements and inventory levels and
develops production plans and schedules.The delivery period for orders of corrugated box printing and packaging complete machine equipment under
the Dongfang Precision brand was 3 to 6 months and the delivery period for orders of digital printing equipment
under the Wonder Digital brand was 1 to 3 months.Marketing Model: The intelligent packaging equipment business of the Company employs a “direct selling +distribution” marketing model. It utilizes a direct sales approach for the domestic market and a combination of
direct sales and agent distribution for overseas markets tailoring the strategy to suit the unique needs of different
countries and regions. This approach not only widens the scope of sales channels and increases sales volume but
also reduces market expansion and sales costs.The Company’s complete production line and single machine products are typically one-time sales with
more significant transaction amounts. However accessories software and services can be sold multiple times
throughout the life-cycle of complete production line or single machine products. The growing number of existing
Page 37 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
equipment sold in the downstream industry market presents a steady stream of sales opportunities for accessories
software and services. Additionally providing high-quality technical support and services helps to promote the
sales of complete production line products. In terms of the settlement of orders the Company collects down
payment in advance and payment by stages for the sales of corrugated box printing and packaging equipment.Page 38 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Primary Products of the intelligent packaging equipment business
Product type Brand Product image Main characteristics
DONGFANG STAR I QUICKSET TOP PRINTING FFG Fixed type
Full servo control
No downtime for plate change
2 minutes quick order change
Vacuum adsorption large belt high precision
cardboard transfer long service life
Energy saving up to 30
Only 2 people are needed to operate the whole
Integrated line
corrugated DONGFANG STAR II TOP PRINTING OPEN-CLOSE TYPE FFG Vacuum adsorption roller transfer;
box printing
Computerized adjustment easy to operate;
and
High speed and stable operation; Patented
packaging
folding structure; Improve carton molding
lines
effect
Only 2-3 persons are needed to operate the
whole line
High-end down-printing fixed in-line
Spindle servo drive
Quick order change
Complete pre-press and post-press supporting
units
Page 39 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Primary Product Portfolio of Dongfang Precision’s intelligent packaging Equipment Business – Digital Printers
Product Brand Product image Main characteristics
type
WONDER INNO PRO SINGLE PASS
- Print reference accuracy: 1200 NPI
- Speed: up to 150 m/min
- Printing thickness: 1.2 mm – 20 mm
- Maximum printing width: 2500 mm
- Printing materials: yellow/white kraft liner honeycomb panel
coated paper
- Modular freely combinable linked production line
- Adaptable to diverse customer requirements
Digital
Printers
A cost-effective tool for bulk orders
Adopts Epson's latest HD industrial printheads.Printing width up to 2500mm
Speed up to 700㎡/h - 1400 ㎡/h
WD250++ Series Scanning Wide Format Printing thickness 1.2mm-35mm
High Quality Carton Digital Printer Coated paper and honeycomb board can also be easily printed.Base accuracy 1200dpi.Page 40 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
II Core Competitiveness Analysis
(I) Industry-leading technology and strong capabilities of R&D and innovation
1. Regarding the Intelligent marine equipment Business
Parsun Power is a national-level “Little Giant” with specialties refined management unique technologies
and innovation and a high-tech enterprise. It has long focused on the research and development of domestic
outboard motors accumulating rich innovative achievements. By the end of June 2026 Parsun Power had
accumulated 140 intellectual property rights and participated in the formulation of several industry standards. It
has also won the second prize of the China Machinery Industry Science and Technology Award twice and has
established industry-university-research cooperation with multiple renowned domestic universities and institutions.In 2021 and 2023 Parsun Power successfully achieved mass production of 115hp and 130hp gasoline
outboard motors. In 2024 it released its first domestically produced 300hp gasoline outboard motor and in 2025
it released its first domestically produced electric trolling motors. In March 2026 it launched the world’s only
200hp-class diesel outboard motor which represents a breakthrough over gasoline outboard motors in both
technology and performance. The core technologies of the aforementioned new products are independently
controllable and their manufacturing supply chains have been localized. This has become an important milestone
for China's high-end manufacturing in the field of water powersports equipment.In recent years Parsun Power has continuously broken through the ceiling in the domestic outboard motor
sector. While maintaining independent and controllable core technologies as well as localized manufacturing and
supply chains it has enabled China’s manufacturing industry to advance from the "follower" stage to the "peer
competitor" stage in the volume production and delivery of high-horsepower gasoline outboard motors marking
the formal entry of China’s outboard motor industry into the global high-end mainstream market and its ability to
compete head-to-head with internationally renowned industry brands on the global stage.Parsun Power’s High-power Outboard Motor Emission Testing Center Laboratory received the CNAS
Laboratory Accreditation Certificate from the China National Accreditation Service for Conformity Assessment
(CNAS) in 2025. This made Parsun Power the first company in the Chinese outboard motor industry to obtain
CNAS certification for a professional laboratory filling the gap in China’s specialized testing platform for high-
horsepower gasoline outboard motors. This certification signifies that Parsun Power has established an
independent R&D and testing system that leads the domestic industry and carries national credibility providing
important support for performance emission and reliability testing of high-horsepower and various new products
and has further solidified Parsun Power’s position as an industry benchmark in the domestic gasoline outboard
motor field. It also signifies that Parsun Power’s professional testing in this specialized field is now on par with
international top-level standards and the testing reports will be globally recognized.The CNAS laboratory accreditation received by Parsun Power in the domestic gasoline outboard motor field
helps shorten R&D cycles and reduce R&D costs for Parsun Power in the development and testing of high-
horsepower outboard motors thus creating a more competitive core advantage. It also provides strong localized
support for other domestic companies in the same field for the R&D production and certification of high-
Page 41 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
performance large-power outboard motors. This contributes to the green transformation of China’s shipbuilding
industry and the achievement of the “dual carbon” goals.Parsun Power has been awarded the “National Postdoctoral Research Workstation” certificate by the Ministry
of Human Resources and Social Security and the National Postdoctoral Affairs Management Committee which
means Parsun Power’s research capabilities in the frontier field of relevant area and its ability to nurture top talent
and foster industry-academia-research collaboration has gained national recognition and marks a new milestone
in the company’s scientific research strength and talent development as well as further enhancement of the
company’s technological image and brand influence.
2. Regarding the Intelligent packaging equipment
Wonder Digital is a national-level high-tech enterprise and a "Specialized Refined Differential and
Innovative" Little Giant Enterprise. It connects the physical and digital worlds through a comprehensive digital
printing matrix and provides integrated solutions. Its branded UV digital color printing presses and high-speed
digital printing presses achieve a maximum printing precision of 1800 NPI with color printing quality comparable
to traditional offset printing. Its large-format roll-to-roll high-speed digital printing presses are domestically
leading boasting comprehensive advantages in footprint energy consumption and cost-effectiveness.(II) Profound Know-How experience and experienced team in the industry
Dongfang Precision has a team with deep industry Know-how and extensive experience. With over 20 years
of experience the team has a profound understanding of the industry layout development planning R&D
roadmap production operations marketing and team management in the field; The core management team has a
broad vision and is able to deeply grasp the overall development trends of the high-end equipment manufacturing
industry. Through forward-looking strategic planning and layout the steady and sustainable development of the
Company is achieved. Furthermore the Company practices a professional manager management model
continuously improving organizational structure management authority incentive systems and cultural
development. These measures help the Company attract talent and enhance the team’s combat effectiveness.(III) High brand popularity and customer recognition worldwide
Parsun Power a subsidiary is a leading company in the domestic outboard motor industry. From 2020 to
2022 Parsun Power’s outboard motor products maintained the highest national market share for three consecutiveyears. The Parsun Power brand has received numerous honors including “Jiangsu Province Famous BrandProduct” and “Suzhou Famous Brand Product”. Overseas Parsun Power’s sales network covers more than 100
countries and regions establishing business partnerships with numerous customers worldwide.The corrugated box printing and packaging lines under the Dongfang Precision brand together with the
digital printing equipment under the Wonder brand enjoy considerable brand recognition and industry influence
both in China and overseas. Dongfang Precision brand’s corrugated box printing and packaging lines are sold in
more than 60 countries and regions. The holding subsidiary Wonder Digital is in the top tier of the domestic
digital printer field with its products sold in over 80 countries and regions and a market stock of over 1600 units.(IV) Strong capabilities of strategic control and integration
Page 42 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Since going public Dongfang Precision has continuously expanded upstream and downstream in its core
industries. Over many years of practice the Company has developed strong strategic control and deep integration
capabilities across its business segments accumulating rich experience and practical knowledge. Strategic
management capabilities have become the Company's core strength in successfully managing its various business
entities.In practice the Company has developed a set of effective post-investment integration management methods
by deeply understanding the industry forecasting industry trends and focusing on strategic goals. These methodsinclude corporate governance standardization policy the “Board of Directors-Supervisory Committee-GeneralMeeting” operation mechanism the strategic and financial control system decentralized authorization
management complete audits and management incentives forming a set of measures for effective controls for
post-investment integration with the Company’s own characteristics to secure the effective implementation of the
strategic plan.Since acquiring the controlling stake in Parsun Power in 2015 Dongfang Precision has helped Parsun Power
enhance its R&D marketing supply chain and manufacturing through strategic adjustments and the introduction
of outstanding talent. Between 2020 and 2025 Parsun Power achieved a compound annual growth rate of 24% in
both revenue and net profit.(V) Dual-wheel drive of organic growth and external expansion to seize a leading position in the
embodied intelligence industry chain
Dongfang Precision is firmly advancing the technological transformation of its principal business rapidly
entering the embodied intelligence equipment track through the “dual engines” of organic cultivation and external
integration.In terms of organic cultivation the Company has taken the lead in achieving a breakthrough in mass
production of robot hardware. During the Reporting Period the automated humanoid robot production line
operated by Dongfang Primo was completed and entered the stage of mass production making the subsidiary one
of the earlier equipment manufacturing enterprises in China to possess large-scale mass production capabilities.Dongfang Primo focuses on refining the three core values of production cost quality control and delivery cycle to
build a solid foundation for sustained performance growth. In addition the Company has proactively planned data
infrastructure. The Guangdong-Hong Kong-Macao Greater Bay Area (Foshan) Embodied Intelligence Robot Data
Training Center constructed operated and marketed by Dongfang Digicom was inaugurated and commenced
operations during the Reporting Period. The first phase plans for 34 training stations with an annual output of
approximately 1 million high-quality real-machine training data entries. In the long term it aims to become a
leading public data service foundation for embodied intelligence in China making data collection the core engine
that drives technological iteration scenario expansion and commercial deployment.In terms of external integration through multiple precise equity investments Dongfang Precision has
completed its layout covering intelligent brains core components (including dexterous hands edge-side chips
joint modules etc.) hardware manufacturing and application scenarios. This has given rise to a synergistic
ecosystem that combines strategic investment with the industrialization of externally sourced businesses. The
Company seeks cooperation in production application scenarios and market expansion by combining Dongfang
Page 43 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Precision’s resource endowment and accumulated capabilities in the equipment manufacturing industry with the
leading technologies products and application experience of partners within the industrial ecosystem aiming to
complement each other amplify value together and foster co? creation and shared benefits throughout the
industry chain.III Analysis of Principal Operations
In the first half of 2026 the national economy maintained steady progress while achieving new results in
high? quality development. The intelligent transformation and upgrading of the manufacturing sector continued
to intensify and new quality productive forces were actively cultivated. Under the strong leadership of the Board
of Directors and the management team all employees worked diligently and strived for progress in the first half of
2026 promoting the steady implementation of the Company’s “Technology Transformation” strategy. The
principal businesses overall sustained a robust and positive growth momentum.In the second quarter of 2026 the Company completed a major asset sale and the overall divestment of the
corrugated cardboard production line business. Prior to the divestment the business belonged to the Company’s
intelligent packaging equipment business segment. The completion of the asset sale resulted in a significant
change in the composition of the Company’s intelligent packaging equipment business segment since the second
quarter of 2026 as compared with the same period of 2025.To facilitate investors’ more accurate and clear understanding of the revenue and profit performance of the
Company’s principal business segments in the first half of 2026 the data for the same period of the previous year
has been adjusted on a comparable basis using the composition of the Company’s principal business segments as
of 30 June 2026 (excluding the divested corrugated cardboard production line business) as the benchmark as
listed below:
Unit: RMB’0000
Net profit attributable to shareholders of the listed
company before non-recurring gains and losses and
Operating revenue
excluding the impact of foreign exchange gains and
losses
Same period of Same period of
The Reporting The Reporting
the previous YoY change the previous YoY change
Period Period
year year
Intelligent
marine 65504 48452 35% 4870 4136 18%
equipment
Intelligent
packaging 31904 27385 17% 4194 2410 74%
equipment
Embodied
intelligence
2981696328%-809-160-405%
robotic
equipment
Total 100389 76753 31% 8255 6386 29%
Page 44 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Note 1: During the Reporting Period the impact of exchange losses caused by foreign exchange rate fluctuations on the net profit
attributable to shareholders of the listed company before non-recurring gains and losses was RMB18.9 million.Note 2: During the Reporting Period the Company’s principal businesses included three major business segments: intelligent marine
equipment intelligent packaging equipment and embodied intelligence robotic equipment. Specifically: (1) Intelligent packaging
equipment segment: On a year-on-year comparable basis the revenue for the Reporting Period increased by 17% year-on-year;
excluding the impact of exchange losses the net profit attributable to shareholders of the listed company before non-recurring gains
and losses for the Reporting Period increased by 74% year-on-year; (2) Intelligent marine equipment segment: On a year-on-year
comparable basis the revenue for the Reporting Period increased by 35% year-on-year; excluding the impact of exchange losses the
net profit attributable to shareholders of the listed company before non-recurring gains and losses for the Reporting Period increased
by 18% year-on-year.The operating conditions of the principal businesses during the Reporting Period are as follows:
1. Intelligent marine equipment business segment
In the first half of 2026 the majority-owned subsidiary Parsun Power achieved operating revenue of
RMB650 million a year-on-year increase of approximately 35% and achieved a net profit of RMB66 million a
year-on-year increase of approximately 14%. Both revenue and net profit once again hit record highs for the first
half of the year. Parsun Power has entered a fast track of sound growth in its principal business since 2021. During
the five years from the first half of 2021 to the first half of 2026 the compound annual growth rates of Parsun
Power’s operating revenue and net profit both exceeded 20%. The operating revenue in the first half of 2026
increased by more than three times compared to the first half of 2021.Parsun Power launched and commenced mass production of the world’s first 200? horsepower diesel
outboard motor spearheading the high? end segment of the domestic outboard motor market. In the first
half of 2026 Parsun Power released the D200 high-horsepower diesel outboard motor which is the only 200hp
diesel outboard motor in the world and marks another breakthrough achievement for Parsun Power in the
independent innovation of high-end domestic equipment. The high? horsepower diesel outboard motor will prove
instrumental in Parsun Power’s further expansion into commercial government and other application markets.The product was launched in March 2026 and rapidly transitioned to the phase of mass production after multiple
rounds of durability testing and quality optimization. The mass production and delivery were achieved during the
Reporting Period. This enables Parsun Power to once again fill the gap in the field of high-horsepower diesel
outboard motors in China. With the mass production and delivery of the F300 and D200 high-horsepower
outboard motors high-horsepower models are becoming a key engine for Parsun Power to enter the global
mainstream outboard motor market and drive performance growth.The outboard motor product portfolio continues to evolve with ever-improving product strength
covering all scenarios. Parsun Power is committed to building a comprehensive outboard motor product portfolio
spanning gasoline diesel and electric models covering a broad range of end? use applications and power ratings
from low to high to meet diverse customer needs. In 2025 Parsun Power successfully achieved the mass
Page 45 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
production and delivery of the F300 300hp gasoline outboard motor. In the first half of 2026 it successfully
achieved the mass production and delivery of the D200 200hp diesel outboard motor. These products together
with existing consumer-grade outboard motors for water leisure and sports activities electric outboard motors
and intelligent control systems supporting outboard motors jointly drive the continuous evolution and upgrade of
Parsun Power’s outboard motor portfolio toward higher horsepower multi? fuel capability and electrification.Strong growth was seen in Asia Africa and Latin America alongside notable breakthroughs in new
product sales. Parsun Power achieved further success in Asia Africa and Latin America the key focus areas for
overseas market expansion. Following a year-on-year growth of over 60% in outboard motor sales in these
regions in 2025 compared to 2024 the company again achieved a 60% year-on-year growth in outboard motor
sales in these markets in the first half of 2026 compared to the first half of 2025. In the first half of the year more
than 50 new global distributors were added and sales channels were established in several new countries. The
layout of global sales channels is becoming increasingly refined enabling the precise expansion of the
international market footprint. Furthermore the new products that Parsun Power has been actively nurturing in
recent years delivered robust sales performance. Revenue contributions from electric outboard motors and
high? horsepower outboard motors both posted significant year? on? year growth compared to the same period
in 2025.Lean operations and digitalization have mutually reinforced each other delivering simultaneous
improvements in both quality control and inventory turnover efficiency. During the Reporting Period Parsun
Power continued to deepen lean management with inventory turnover significantly improved compared to the
first halves of 2025 and 2024. Work safety was strongly guaranteed with the Company recording zero safety
incidents and zero quality incidents in the first half of the year. Digital transformation progressed steadily. While
the functions of the U9 system were continuously refined the QMS (Quality Management System) was launched
and deeply integrated with the ERP system. Additionally Parsun Power completed the CNAS laboratory
reassessment and the additional assessment for general machines further strengthening system compliance and
operational efficiency.General machine business: Strong performance drove record revenue while capacity expansion laid a
solid foundation for sustained growth. During the Reporting Period Parsun Power’s general machine business
continued its growth trend achieving a year-on-year increase in sales revenue of over 50% compared to the first
half of 2025. With strong performance in both orders and delivery it has become a powerful engine driving the
company’s overall performance growth. In terms of production capacity the average monthly capacity for general
machines has increased to 100000 units ensuring timely delivery to meet market demand; in terms of quality the
entire process from components to complete machine assembly is strictly controlled with production quality
showing steady improvement providing a solid foundation for rapid business expansion.
2. Embodied intelligence robot equipment business segment
(1) Production and assembly of humanoid robot bodies and manufacturing of key core components for
humanoid robots
Page 46 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
In March 2026 the automated humanoid robot production line jointly created by Dongfang Precision and
Leju Robotics and operated by Dongfang Primo (a majority-owned subsidiary of Dongfang Precision) was
completed and entered the large-scale production stage at Dongfang Primo’s manufacturing base in Foshan. This
marks Dongfang Precision’s “zero? to? one” breakthrough in the field of embodied intelligent robot equipment
manufacturing.During the Reporting Period the primary products of Dongfang Primo were the Kuavo (Kuavo 5) series of
full-sized humanoid robots produced and assembled for Leju Robotics including bipedal and wheeled humanoid
robots. In the first half of 2026 Dongfang Primo signed orders totaling approximately RMB83 million achieved
mass delivery of humanoid robot products and recognized operating revenue of RMB26.66 million.
(2) Humanoid robot data collection/data training and scene-based robot application solutions
During the Reporting Period the Guangdong-Hong Kong-Macao Greater Bay Area (Foshan) Embodied
Intelligence Robot Data Training Center for which the subsidiary Dongfang Digicom is responsible for project
construction daily operations and commercialization was officially inaugurated. The center has a total
construction area of over 5500 square meters covering humanoid robot scenario-based training AI robot
research and study etc. The project is planned to be constructed in phases with 2026–2027 being the first phase.According to the project plan the first-phase goal is to achieve rotational training for 34 workstations enabling
deep integration into the production environments of Foshan’s pillar industries such as home appliances and
equipment manufacturing and achieving an annual output goal of approximately 1 million high-quality training
data entries. The long-term construction goal is to become a leading domestic public data service foundation for
embodied intelligence.The Guangdong-Hong Kong-Macao Greater Bay Area (Foshan) Embodied Intelligence Robot Data Training
Center utilizes Leju Robotics’ “Kuavo” robots for data training and collection. It has established multiple training
workstations covering three major categories of real-world scenarios: industrial manufacturing (part sorting part
off-lining and tooling loading of the production line) commercial services (retail express delivery) and home
services. Relying on a digital collection platform it constructs high-quality real-machine datasets through remote-
controlled human-machine collaboration digital environment simulation and real-machine deployment
optimization.Within the framework of the joint construction of the Guangdong-Hong Kong-Macao Greater Bay Area
(Foshan) Embodied Intelligence Robot Data Training Center Dongfang Digicom also cooperates with Turing
Inno to operate a robot research and study center. By fully leveraging the resources and experience of both parties
in robotics and research training they collaborate to carry out embodied intelligence robot research and study
business for student groups and jointly create teaching application solutions for embodied intelligence robots. The
long-term goal is to build a market-oriented practical education base for “AI + Research and Study”.
3. Intelligent packaging equipment business segment
Page 47 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Market expansion: Against the backdrop of domestic peers actively going global and expanding into overseas
markets the corrugated box printing and packaging equipment business of Dongfang Precision (China) has
continued to achieve results in overseas market expansion leveraging its years of accumulated goodwill leading
technology levels high-quality products and a robust sales and service system. Dongfang Precision (China)
adopted an “agency sales + direct sales” model for its overseas business with a focus on expanding direct sales
business in countries along the “Belt and Road” initiative. During the Reporting Period the international direct
sales and channel agencies of the corrugated box printing and packaging equipment business of Dongfang
Precision (China) exerted efforts simultaneously with orders on hand increasing by over 80% compared to the
same period in 2025. Orders for complete and integrated line products also registered steady growth. Sales
breakthroughs were achieved in select country markets including Europe and Australia. By deepening
engagement with major international corporate customers Dongfang Precision (China) continues to strengthen the
foundation for its overseas market development. Driven by sales growth in overseas markets the corrugated box
printing and packaging equipment business of Dongfang Precision (China) saw steady growth in revenue and
profit. In the digital printer business segment the majority-owned subsidiary Wonder Digital also achieved
multiple breakthroughs in overseas market expansion during the Reporting Period extending its sales footprint to
several new overseas markets.Product R&D: In the first half of 2026 Dongfang Precision (China) successfully completed the technical
transformation and implementation of the vacuum stripper stacker reaching marketable conditions and securing
intended transactions. Compared with traditional models this new product possesses multiple advantages when
integrated into a line: It can accurately process “one-out-of-many” orders; the application of a vacuum structure
significantly improves the waste stripping effect; and it can achieve non-stop sampling inspection to meet full
automation requirements. During the Reporting Period Wonder Digital released several new digital printer
products using advanced technology including high-definition high-speed integrated lines high-definition direct-
output all-in-one scanners and ultra-high concentration water-based ink scanners and secured sales orders for
these new products during the Reporting Period.
4. Industrial investment segment
While focusing on the three core principle businesses of “intelligent marine equipment” “embodiedintelligence robotic equipment” and “intelligent packaging equipment” Dongfang Precision also places highimportance on external expansion through equity investments. Adhering to the principle of “the principalbusinesses as the core + extended investment as the support” the Company leads and coordinates “organic growth+ external expansion” with the “1+N” development model.“1” refers to focusing on the core businesses firmly establishing its foundational position continuously
expanding and strengthening and enhancing core competitiveness to maintain and increase market share amidst
the trends of digitalization and intelligence. “N” refers to external expansion which can include the following
three aspects:
(1) Deepening chain extension: Mergers and acquisitions synergy strengthening core moat
Building on the advantages of Dongfang Precision’s main business the Company focuses on acquiring high-
Page 48 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
quality companies within the same industry chain globally. By vertically integrating the supply chain it
implements precise mergers and acquisitions of high-quality targets in related fields. After the acquisition the
Company performs deep integration outputs key capabilities and stimulates internal industry chain synergies to
further strengthen its core businesses.
(2) Breaking boundaries for ecological co-creation: Strategic investment and co-creation of “newquality productive force clusters” of strategic emerging industries
Dongfang Precision focuses on “new quality productive forces” the core theme of national strategic
emerging industries and future industries. The Company is firmly promoting the implementation of its technology
transformation strategy and shifting its strategic focus toward technological upgrading. Through practical actions
in strategic transformation the Company actively responds to the call and guidance of the Outline of the 15th
Five-Year Plan for National Economic and Social Development of the People’s Republic of China regarding the
development of new quality productive forces and the expansion of emerging industries during the 15th Five-Year
Plan period.During the Reporting Period Dongfang Precision’s primary efforts in strategic investment focused on the
field of “embodied intelligence robots”. By making multiple equity investments in this field and developing a
“clustered strategic investment” landscape the Company has established an ecological layout covering the
“intelligent brain” core components hardware manufacturing and application scenarios within the embodied
intelligence industry chain.As of the date of submission and disclosure of this Report the equity investments in the aforementioned
fields are presented in the table below:
Industrial chain
segment Name of invested enterprise Principal products of the invested enterprise
Shenzhen Ruoyu Technology Co. Ltd. Multimodal large model AI system
Shanghai EBKernel Technology Co. Brain-inspired intelligence-driven embodied
Ltd. brain system
Intelligent brain X-Era AI (Shenzhen) Technology Co.Ltd. Physical space intelligence engine
Beijing Astrall Intelligent Technology Multi-modal embodied brain system for the
Co. Ltd. physical world
Hangzhou Heyman Technology Co.Ltd. Full-scenario dexterous hand series
Beijing Huixi Intelligent Information
Technology Co. Ltd. High-computing power edge AI chips
Core components Linkerbot Beijing Technology Co. Ltd. High-DOF dexterous hands
Wuxi Motorevo Robotics Co. Ltd. Full series of integrated joint modules forembodied intelligence robots
Shenzhen Heju Intelligent Control Full-link intelligent controller for embodied
Technology Co. Ltd. intelligence
Leju (Shenzhen) Robotics Co. Ltd. Full series of embodied intelligence robots
Hardware
manufacturing Shenzhen Astralldynamics Technology Industrial-grade quadruped robots and core
Co. Ltd. components
Page 49 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Industrial chain
segment Name of invested enterprise Principal products of the invested enterprise
Dongfang Primo Embodied intelligence robots and components
Guangdong Jaten Robot & Automation Automated guided vehicles (AGV) and
Application Co. Ltd. universal embodied AI chassis
scenarios Shenzhen X-ORIGIN-AI Technology
Co. Ltd. Consumer-grade AI robots
Note: Dongfang Precision strictly complies with the Accounting Standards for Business Enterprises in the
accounting treatment of equity investments in the enterprises listed in the table above within the Company’s
consolidated financial statements. According to the relevant provisions of the Accounting Standards for Business
Enterprises except for Dongfang Primo a majority-owned subsidiary of Dongfang Precision the other enterprises
listed in the table above are not included in the consolidated financial statement for the current Reporting Period.In terms of clustered strategic investment in the field of embodied intelligence robots Dongfang Precisiontakes “building an entire industry chain ecosystem for embodied intelligence robots and empowering theintelligent upgrading of traditional industries” as its core mission focusing on creating a dual-wheel drive model
of “strategic investment + industrial collaboration”. By deeply synergizing its industrial resources and
manufacturing expertise in the high? end equipment sector with the target companies’ cutting? edge technologies
proven products and application experience in embodied intelligence and AI large models the Company seeks to
strengthen cooperation across three key dimensions: manufacturing application deployment and market
expansion thereby jointly creating value and achieving mutual benefits across the upstream and downstream of
the industry chain.In addition to focusing on the strategic investment ecosystem layout in the field of “embodied intelligencerobots” the Company’s layout in the field of “key structural materials for controlled nuclear fusion + nuclearpower equipment” consists of its previous equity investment in Guizhou Aerospace Xinli Technology Co. Ltd.The Company is firmly optimistic about the application prospects and development potential of Aerospace Xinli’s
related products in fields such as controllable nuclear fusion nuclear power equipment and aerospace.
(3) Positioning on key core tracks: Forward-looking investment to build future competitiveness
In terms of industries that align with the Company’s external investment business Dongfang Precision and
its subsidiary Yineng Investment closely follow the core theme of “high-quality development” in China’s
manufacturing industry during the 15th Five-Year Plan period. They focus on new industries and tracks guided by
the outline of the 15th Five-Year Plan paying attention to hard technology fields with significant technological
barriers broad future development potential and national strategic value such as aerospace and new materials.They identify excellent companies in niche sectors and obtain small equity stakes in these companies through
investment. As of now Dongfang Precision has invested in ExPace in commercial aerospace and in Sichuan
Tengden UAV in the low-altitude equipment sector aiming to yield good returns while exploring new directions
and opportunities for the Company’s development.Page 50 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
5.Analysis of key financial indicators of principal operations
Unit: RMB yuan
Reason for any
2026H1 2025H1 Change (%)
significant change
Mainly due to the
reduction in the scope
of the Company’s
consolidated financial
statements compared
Operating revenue 1690857649.54 2158956857.88 -21.68% with the corresponding
period of the prior year
resulting from asset
disposals in the second
quarter of the current
reporting period.Mainly due to the
reduction in the scope
of the Company’s
consolidated financial
statements compared
Operating cost 1294240018.44 1511618213.45 -14.38% with the corresponding
period of the prior year
resulting from asset
disposals in the second
quarter of the current
reporting period.Selling expenses 67998120.35 81372896.12 -16.44% No significant changes.Administrative
172974077.38 188675988.67 -8.32% No significant changes.
expenses
Mainly due to increased
exchange losses arising
from exchange rate
Finance costs 2312937.78 -19645153.25 111.77%
fluctuations in the
current reporting
period.Mainly due to gains
from asset disposals in
Income tax expenses 1025762979.36 67252009.19 1425.25%
the current reporting
period.R&D expenses 43756649.19 53511623.86 -18.23% No significant changes.Mainly due to
Net cash generated decreased cash inflows
from/used in operating 257970090.29 355284471.35 -27.39% from operating
activities activities in the current
reporting period.Mainly due to proceeds
Net cash generated received from major
from/used in investing 4434421304.97 514988451.97 761.07% asset disposals in the
activities current reporting
period.Net cash generated -132976975.72 -149180394.39 10.86% No significant changes.
51 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Reason for any
2026H1 2025H1 Change (%)
significant change
from/used in financing
activities
Mainly due to the
impact of net cash
Net increase in cash and
4458702521.83 752254111.58 492.71% flows from investing
cash equivalents
activities in the current
reporting period.There have been no significant changes in the composition or sources of the company's profits during the reporting period.□Applicable □ Not applicable
On April 9 2026 the Company completed the closing of the sale of 100% equity interests in three subsidiaries namely Fosber Group
Fosber Asia and Tiru?a Asia. In accordance with the accrual basis principle and the relevant provisions on transfer of control under
the Accounting Standards for Business Enterprises the Company derecognized all assets and liabilities of the aforesaid subsidiaries
whose sale had been closed at the consolidated financial statements level in the second quarter of 2026 and they are no longer
included in the scope of consolidated financial statements from the second quarter onwards. In the corresponding period of 2025 the
aforesaid disposed assets were within the scope of Dongfang Precision’s consolidated financial statements. Therefore this asset sale
has resulted in material changes in the Company’s consolidated financial statements for the second quarter of 2026 compared with
the corresponding period of the prior year. The gain arising from the disposal of these subsidiaries amounted to RMB 4.385 billion
(converted at the spot exchange rate on the delivery date) and all of the aforesaid investment income is recorded as non-recurring
gains and losses in the current reporting period.Composition of operating revenue
Unit: RMB
2026H1 2025H1
As a % of total As a % of total Change (%)
Operating revenue operating revenue Operating revenue operating revenue
(%)(%)
Total 1690857649.54 100% 2158956857.88 100% -21.68%
By operating division
Intelligent
1690857649.54100.00%2158956857.88100.00%-21.68%
manufacturing
By product category
Intelligent
packaging 1006540252.95 59.53% 1674439934.19 77.56% -39.89%
equipment
Intelligent marine
655042424.1138.74%484516923.6922.44%35.19%
equipment
Embodied
intelligence robotic 29274972.48 1.73% 0 0% ----
equipment
By operating segment
Mainland China 604394757.62 35.74% 508124085.88 23.54% 18.95%
Other countries and
1086462891.9264.26%1650832772.0076.46%-34.19%
regions
Operating Division Product Category or Operating Segment Contributing over 10% of Operating Revenue or Operating Profit
52 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
√ Applicable □ Not applicable
Unit: RMB
YoY change in YoY change in Change in
Operating Gross profit
Cost of sales operating cost of sales gross profit
revenue margin
revenue (%) (%) margin (%)
By operating division
Intelligent
1690857649.541294240018.4423.46%-21.68%-14.38%-6.52%
manufacturing
By product category
Intelligent packaging
1006540252.95734268390.6027.05%-39.89%-35.06%-5.42%
equipment
Intelligent marine
655042424.11530346190.3919.04%35.19%39.23%-2.34%
equipment
Embodied
intelligence robotic 29274972.48 29625437.45 -1.20% ---- ---- ----
equipment
By operating segment
Mainland China 604394757.62 518814175.89 14.16% 18.95% 24.74% -3.99%
Other countries and
1086462891.92775425842.5528.63%-34.19%-29.23%-5.00%
regions
Under the circumstances that the statistical caliber of the Company's main business data is adjusted in the Reporting Period the
Company's main business data that adjusted according to the caliber at the end of the Reporting Period
□ Applicable √ Not applicable
IV Analysis of Non-Core Businesses
√ Applicable □ Not applicable
Unit: RMB yuan
Amount As a % of gross profit Primary source/reason Recurrent or not
Mainly due to
investment income
Return on investment 4554263429.02 93.14% recognized from the Not
major asset sale in the
current period.Mainly due to changes
in fair value recognized
Gain/loss on changes in
245903522.60 5.03% from financial asset Yes
fair value
investments in the
current period.Mainly due to the Not
recognition of
impairment provisions
Asset impairment loss -11075509.15 -0.23%
for long-term equity
investments in the
current period.Non-operating income 1887701.46 0.04% No significant impact. Not
53 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Amount As a % of gross profit Primary source/reason Recurrent or not
Non-operating expenses 1209408.16 0.02% No significant impact. Not
V Analysis of Assets and Liabilities
1. Significant Changes in Asset Composition
Unit: RMB yuan
30 June 2026 31 December 2025
Change in Reason for any
As a % of total As a % of total
Amount Amount percentage (%) significant change
assets assets
Mainly due to proceeds
received from major
Cash and bank
6493685956.28 55.03% 2078919027.45 23.83% 31.20% asset disposals in the
balances
current reporting
period.Mainly due to the
reduction in the scope
of the Company’s
consolidated financial
statements compared
Accounts
249279926.65 2.11% 952021236.78 10.91% -8.80% with the corresponding
receivable
period of the prior year
resulting from asset
disposals in the second
quarter of the current
reporting period.Contract assets 28691700.28 0.24% 64541120.93 0.74% -0.50% No significant changes.Mainly due to the
reduction in the scope
of the Company’s
consolidated financial
statements compared
Inventories 446726872.32 3.79% 1119277121.91 12.83% -9.04% with the corresponding
period of the prior year
resulting from asset
disposals in the second
quarter of the current
reporting period.Investment
0 0.00% 0 0.00% 0.00% NA
Properties
Long-term
equity 289388342.68 2.45% 302857592.30 3.47% -1.02% No significant changes.investments
Fixed assets 562689997.78 4.77% 1084142895.08 12.43% -7.66%
Construction in
76731186.24 0.65% 195841811.75 2.24% -1.59% Mainly due to the
progress reduction in the scope
Right-of-use of the Company’s
15033718.190.13%69324297.360.79%-0.66%
assets consolidated financial
Short-term 98707300.00 0.84% 185516009.83 2.13% -1.29% statements compared
54 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
30 June 2026 31 December 2025
Change in Reason for any
As a % of total As a % of total
Amount Amount percentage (%) significant change
assets assets
borrowings with the corresponding
Contract period of the prior year
181926384.721.54%458557878.315.26%-3.72%
liability resulting from asset
disposals in the second
Long-term
10030605.62 0.09% 110985297.60 1.27% -1.18% quarter of the current
borrowings reporting period.Lease liabilities 4234440.89 0.04% 53367241.87 0.61% -0.57%
Mainly due to the
Company’s entrusted
Financial assets wealth management
2205243932.0518.69%766554477.498.79%9.90%
held for trading activities conducted in
the current reporting
period.
2. Overseas assets that take up a large percentage of the Company’s net asset value:
√ Applicable □ Not applicable
As a % of
Control Any
the
Asset value Management measures to material
Asset Source Location Return Company’s
(RMB) model protect asset impairment
net asset
safety risk or not
value
Integration
of strategic
100% control
interest of invested in authorization
Trading and
Dongfang and 5235797608.89 Netherland control Good 53.70% Not
investment
Precision established operational
(Netherland). control and
financial
management
Integration
of strategic
control
Producing
100% authorisation
and
interest of M&A 23587026.13 Italy control Good 0.24% Not
marketing
EDF S.R. L operational
by itself
control and
financial
management
55 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
3. Assets and Liabilities at Fair Value
√Applicable □ Not applicable
Unit: RMB yuan
Cumulative fair-
Gain/loss on fair- Impairment
value changes Purchased in the
Item Opening amount value changes in allowance for the Sold in the period Other changes Closing amount
recognized in period
the period period
equity
Financial assets
1. Financial assets
held for trading
(exclusive of 766554477.49 141095187.17 5284345670.16 3986751402.77 2205243932.05
derivative
financial assets)
2. Derivative
101000.7544075.6756925.08
financial assets
3.Other non-
current financial 817347878.10 -122340176.44 229748245.74 18308818.90 906447128.50
assets
Subtotal of
1584003356.3418755010.735514093915.904005060221.6744075.673111747985.63
financial assets
Other non-current
10909534.2510909534.25
financial assets
Total of the above 1594912890.59 18755010.73 5514093915.90 4015969755.92 44075.67 3111747985.63
Financial
98273045.24-2534.51-94142555.894127954.84
liabilities
Indicate whether any significant change occurred to the measurement attributes of the major assets in the Reporting Period.□ Yes √ No
56 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
4. Assets to which the Company’s Rights Were Restricted as at the Period-End
Unit: RMB yuan
Item Closing carrying amount Reason for restriction
Cash and bank balances 40684556.30 Deposits used for obtaining bank acceptance bills and guarantees etc.VI Investments Made
1. Total Investment Amount
√Applicable □ Not applicable
Total investment amount in 2026H1 (RMB) Total investment amount in 2025H1 (RMB) Change (%)
2212572303.27970338776.80128.02%
2. Significant Equity Investments Acquired in the Reporting Period
□Applicable √Not applicable
3. Significant Non-Equity Investments of which the Acquisition Was Uncompleted in the Reporting Period
□Applicable √ Not applicable
57 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
4. Financial Investments
(1) Securities Investments
√ Applicable □ Not applicable
Unit: RMB yuan
Measu Cumulative
remen Gain/loss on fair- fair-value Fundin
Security Security Security Initial investment Opening carrying Purchased in the Gain/loss in the Closing carrying Accounti
t value changes in the changes Sold in the period g
type code name cost amount period period amount ng title
metho period recognized in source
d equity
Financial
Triumph
Fair assets Self-
600522 Science&Tec 243051668.40 243051668.40 75827085.40 0.00 0.00 188558753.80 164078557.73 130320000.00
value held for funded
hnology
trading
Domestic
Financial
ally/ HyperStron
Fair assets Self-
overseas 688411 g 55385344.85 0.00 11003013.55 0.00 55385344.85 0.00 11003013.55 66388358.40
value held for funded
listed Technology
trading
stocks
Financial
assets Self-
0 Others 39711240.74 39711240.74 -1264477.14 0.00 19565763.58 58012527.18 -7140197.58 0.00
held for funded
trading
Financial
Trust Fair assets Self-
0015214791.5215214791.521829208.480.00120000000.0015000000.002355497.66122044000.00
products value held for funded
trading
Financial
Fair 1813532753.4 assets Self-
Funds 0 0 115852461.38 115852461.38 53501166.15 0.00 2337294612.40 693115486.47 55311622.97
value 7 held for funded
trading
58 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Financial
Fair assets Self-
Others 0 0 352724315.45 352724315.45 199190.73 2752100000.00 3032064686.00 5644607.13 72958820.18
value held for funded
trading
Other securities investments held
as of the end of the reporting 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -- --
period
2205243932.0
Total 821939822.34 -- 766554477.49 141095187.17 0.00 5284345720.83 3986751453.45 231253101.46 -- --
5
Disclosure date of the
announcement about the
25th March 2026
board’s consent for the
derivative investment (if any)
Disclosure date of the
announcement about the
general meeting’s consent for 18th April 2026
the derivative investment (if
any)
(2) Investments in Derivative Financial Instruments
√ Applicable □Not applicable
1) Derivative Investments for Hedging Purposes in the Reporting Period
√ Applicable □Not applicable
Unit: RMB'0000
Cumulative fair- Closing amount
Gain/loss on fair-
Initial investment value changes Purchased in the Sold in the as % of the
Type of derivative Opening amount value changes in Closing amount
amount recognized in Reporting Period Reporting Period Company’s closing
the period
equity equity
59 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Forward Foreign
05287.7002321.034728.322880.410.30%
Exchange
Total 0 5287.7 0 0 2321.03 4728.32 2880.41 0.30%
Description of
significant changes in
accounting policies
and specific financial
accounting principles
No significant change
in respect of the
Company's hedges for
the Reporting Period
as compared to the
prior reporting period
Actual gains/losses in
During the Reporting Period the actual gain on derivative contracts for hedging purposes amounted to RMB 0.8612 million.the Reporting Period
Results of hedges Currently not available
Funding source Self-funded
Risk analysis of
positions held in
derivatives during the
Reporting Period and
The above-mentioned hedging transactions are mainly intended to avert and prevent risks arising from fluctuations in exchange rates. In the Rules on the Management of Financial
description of control
Derivative Transaction Business formulated by the Company the operating rules review and approval authority routine management and risk control mechanisms on the financial
measures (Including
derivative transaction business have been prescribed to standardize business operation as well as prevent and control related risks. The Company keeps strengthening the
but not limited to
understanding and mastering of national policies and requirements of relevant governing bodies to avoid related credit and legal risks.market risk liquidity
risk credit risk
operational risk legal
risk etc.)
Changes in market
prices or fair value of
derivative products
during the Reporting Undue forward forex settlement and sale contracts are measured at fair value i.e. the difference between the signing price of an undue forward forex settlement and sale contract
Period specific held at the period-end and the bank’s forward forex rates at the period-end.methods used and
relevant assumption
and parameter settings
60 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
shall be disclosed for
analysis of fair value
of derivatives
Legal matter (if
N/A
applicable)
Disclosure date of the
announcement about
the board’s consent for 24 March 2026
the derivative
investment (if any)
Disclosure date of the
announcement about
the general meeting’s
18 April 2026
consent for the
derivative investment
(if any)
2) Derivative Investments for Speculative Purposes in the Reporting Period
□Applicable √Not applicable
5. Use of Raised Funds
□Applicable √ Not applicable
No such cases in the Reporting Period.
61 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Ⅶ Sale of Major Assets and Equity Investments
1. Sale of Major Assets
√Applicable □ Not applicable
Relations
hip
Net profit Net between
contribute profit the Creditor Execute
d by the contribut transactio ’s rights d as
asset to the ed by the n Owners and schedul
Transacti Dat Transaction Company Effect of sale of
Related- counterpa hip of ed or
on Asset price from the the sale the asset Pricing party rty and the asset
liabilitie
s not; if Date of Index to disclosed
counterpa sold e of transacti has allsale (RMB’000 period- on the to the principle on or the been involved
not disclosu
rty 0) begin to Company Compan Company have all give re
information
the date of y as % not (applicabl transferr been reasons
sale of its e for ed or not transferr and
(RMB’00 total net related- ed or not measur
00) profit party es taken
transactio
ns)
100% The sale The
equity of the transaction
interes assets has constitutes
Foresight
ts in resulted in a market-
US Bid 9
Fosber material oriented
Co Inc. Apr
Group 651377.72 changes asset sale. Not 14 April http://www.cninfo.co
and il 2647.33 90.07% No Yes Yes Yes
Note to the The applicable 2026 m.cn/
Foresight 202
Fosber Company’ transaction
Italy Bid 6
Asia s price has
Co S.p.A.and consolidat been
Tiru?a ed mutually
Asia financial agreed by
62 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Relations
hip
Net profit Net between
contribute profit the Creditor Execute
d by the contribut transactio d as
asset to the ed by the n Owners
’s rights
Related- hip of and
schedul
Transacti Transaction Company Effect of sale of counterpa liabilitie ed or
on Asset Date of price from the the sale the asset Pricing
party rty and the asset s not; if Date of
counterpa sold (RMB’000 period- on the to the principle transacti the has all not disclosu
Index to disclosed
rty sale 0) begin to Company Compan on or Company been
involved give re informationhave all
the date of y as % not (applicabl transferr been reasons
sale of its e for ed or not transferr and
(RMB’00 total net related- ed or not measur
00) profit party es taken
transactio
ns)
statement both
s for the parties
second through
quarter of negotiation
2026 on the
compared principles
with the of fairness
same and
period of voluntarine
last year. ss.The gain
arising The
from the Company
disposal has
of these engaged an
subsidiari audit firm
es and a
amounted valuation
to institution
63 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Relations
hip
Net profit Net between
contribute profit the Creditor Execute
d by the contribut transactio ’s rights d as
asset to the ed by the n Owners and schedul
Transacti Dat Transaction Company Effect of sale of
Related- counterpa hip of liabilitie ed or
on Asset e of price from the the sale the asset Pricing
party rty and the asset s not; if Date of
counterpa sold (RMB’000 period- on the to the principle transacti the has all not disclosu
Index to disclosed
rty sale 0) begin to Company Compan on or Company been
involved
have all give re
information
the date of y as % not (applicabl transferr been reasons
sale of its e for ed or not transferr and
(RMB’00 total net related- ed or not measur
00) profit party es taken
transactio
ns)
RMB4.38 that
5 billion comply
(converte with
d at the applicable
spot laws and
exchange regulations
rate on to conduct
the the audits
settlement and
date) valuations
which of the
was target
recognize companies
d as an so as to
exception ensure that
al gain for the pricing
the of the
Reporting transaction
is fair
64 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Relations
hip
Net profit Net between
contribute profit the Creditor Execute
d by the contribut transactio ’s rights d as
asset to the ed by the n Owners and schedul
Transacti Dat Transaction Company Effect of sale of
Related- counterpa hip of ed or
on Asset price from the the sale the asset Pricing party rty and the asset
liabilitie
s not; if Date of Index to disclosed
counterpa sold e of transactisale (RMB’000 period- on the to the principle the
has all involved not disclosu information
rty 0) begin to Company Compan on ornot Company
been give re
the date of y as % (applicabl transferr
have all reasons
sale of its e for ed or not
been
transferr and
(RMB’00 total net related- ed or not measur
00) profit party es taken
transactio
ns)
Period. equitable
and
The reasonable.aforesaid
asset sale
has no
material
impact on
the
Company’
s business
continuity
and
managem
ent
stability.Note: The transaction price is denominated in RMB and converted at the spot exchange rate on the settlement date of the asset sale.On 28 November 2025 the Company convened a meeting of the Board of Directors to review and approve matters including the Plan for Major Asset Sale. On
65 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
29 November 2025 the Company made the initial disclosure of the major asset sale namely that the Company proposed to sell its 100% equity interests in Fosber
Asia and Tiru?a Asia to Foresight US Bid Co Inc. (hereinafter referred to as “Foresight US”) by way of a cash transaction. The Company’s wholly-owned
subsidiary Dong Fang Precision (Netherland) Co?peratief U.A. (hereinafter referred to as “Dongfang Precision (Netherland)”) proposed to sell its 100% equity
interests in Fosber Group to Foresight Italy Bid Co S.p.A. (hereinafter referred to as “Foresight Italy”) via a cash transaction.On 9 April 2026 the Company Dongfang Precision (Netherland) and the buyers completed the settlement of this transaction in accordance with the terms of
the Equity Transfer Agreements and performed all respective obligations to be fulfilled at settlement (including delivery of settlement documents such as relevant
share certificates capital contribution certificates registers of members and corporate books). Upon settlement the buyers became the holders of 100% equity
interests in Fosber Group Fosber Asia and Tiru?a Asia. The Company and Dongfang Precision (Netherland) ceased to hold ownership of the target assets. The
Company disclosed the Announcement on Completion of Settlement for Major Asset Sale on 14 April 2026.In accordance with the accrual basis of accounting and the provisions on transfer of control under the Accounting Standards for Business Enterprises the
Company derecognized all assets and liabilities of the above-mentioned subsidiaries at the consolidated financial statements level in the second quarter of 2026.Such subsidiaries have not been included in the scope of consolidation starting from the second quarter. The above disposed assets were within the scope of
consolidation of Dongfang Precision in the same period of 2025. Accordingly the sale of the assets has resulted in material changes to the Company’s consolidated
financial statements for the second quarter of 2026 compared with the same period of last year. The gain arising from the disposal of these subsidiaries amounted to
RMB4.385 billion (converted at the spot exchange rate on the settlement date).
2. Sale of Major Equity Investments
□Applicable √ Not applicable
No such cases in the Reporting Period.
66 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Ⅷ Principal Subsidiaries and Joint Stock Companies
√ Applicable □ Not applicable
Principal subsidiaries and joint stock companies with an over 10% effect on the consolidated net profit:
Unit: RMB yuan
Relatio
nship
Regist
with Principal Operating Operating
Name ered Total assets Net assets Net profit
the activities revenue profit
capital
Compa
ny
Investment
holding
Dongfang trading EUR
Precision Subsid activities of 40 53248583 523579760 46861319 481566765 4815668023.1
(Netherla iary corrugated thousa 66.66 8.89 .36 5.40 0
nd) packaging nd
equipment and
components.Details of the acquisition and disposal of subsidiaries during the reporting period
√ Applicable □ Not applicable
Method of acquisition and disposal of Impact on overall production operation
Name of subsidiaries
subsidiaries during the reporting period and performance
Fosber Group Sale of 100% equity interest
Fosber Asia Sale of 100% equity interest See description below
Tiruna Asia Sale of 100% equity interest
On April 9 2026 the Company completed the closing of the sale of 100% equity interests in three subsidiaries namely Fosber
Group Fosber Asia and Tiru?a Asia. In accordance with the accrual basis principle and the relevant provisions on transfer of control
under the Accounting Standards for Business Enterprises the Company derecognized all assets and liabilities of the aforesaid
subsidiaries whose sale had been closed at the consolidated financial statements level in the second quarter of 2026 and they are no
longer included in the scope of consolidated financial statements from the second quarter onwards. In the corresponding period of
2025 the aforesaid disposed assets were within the scope of Dongfang Precision’s consolidated financial statements. Therefore this
asset sale has resulted in material changes in the Company’s consolidated financial statements for the second quarter of 2026
compared with the corresponding period of the prior year.Ⅸ Structured Bodies Controlled by the Company
√ Applicable □ Not applicable
1. In March 2022 Hainan Yinen Investment Co. Ltd. a wholly-owned subsidiary of the Company
participated in the capital contribution to Changzhou Xinchen Venture Capital Partnership (Limited Partnership)
for the purpose of indirectly investing in Sinoscience Fullcryo Technology Co. Ltd. (referred to as "Fullcryo" in
67 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
this Report) and Sinoscience Fullcryo (Zhongshan) Equipment Manufacturing Co. Ltd. by making a capital
contribution to a limited partnership and obtained non-controlling interests of the two companies.
2. In December 2025 Hainan Yinen Investment Co. Ltd. a wholly-owned subsidiary of the Company
participated in the capital contribution to Changzhou Xinchen No.2 Venture Capital Partnership (Limited
Partnership). The purpose of this partnership is to make equity investments in Sinoscience Fullcryo Technology
Co. Ltd. through investing in a special fund.As the limited partners of the above-mentioned 2 partnership Yineng Investment accounts for 94.86% of the
total capital contributions in both of the 2 partnerships. Considering the partnership's agreements on investment
orientation investment decisions operation and management income apportionment and loss bearing and the
fact that Yineng Investment accounts for the majority of the capital contributions to the partnership the above-
mentioned 2 partnership is included in the consolidated statements of Dongfang Precision as a "structured body
controlled by the Company" from the perspective of commercial substance and after complying with the
Accounting Standard for Business Enterprises and referring to the professional opinions of the independent
auditor.Ⅹ. Possible risks and countermeasures
1.Risk of short-term fluctuations in operational performance arising from the major asset sale
During the current reporting period the Company completed the overall closing of the sale of 100% equity
interests in three companies namely Fosber Group Fosber Asia and Tiru?a Asia and completely divested the
corrugated board production line (including corrugating rolls) business. The aggregate operating revenue and net
profit of the aforesaid three companies accounted for a relatively high proportion of the Company’s consolidated
operating revenue and net profit in the years prior to the completion of the sale. Although other existing
businesses still maintain a certain scale and the embodied intelligent robot equipment business cultivated by the
Company prior to the completion of the asset sale has also been rapidly implemented during the current reporting
period with substantial progress and phased achievements it is unavoidable that within a short period following
the completion of the aforesaid asset sale transaction the operating revenue and net profit attributable to
shareholders of the parent company after deducting non-recurring gains and losses at the consolidated financial
statements level of the Company will decline compared with the levels before the asset sale. While the Company
will obtain considerable cash inflows and recognize investment income related to asset disposal through the
aforesaid asset sale transaction such investment income falls under non-recurring gains and losses.Upon completion of this transaction the Company may experience dilution of earnings per share after
deducting non-recurring gains and losses for the current period as a result of this transaction. The Company
hereby reminds investors of the risk of fluctuations in operating performance arising from the asset sale by the
listed company.Countermeasures:
(1) Effectively utilizing the cash proceeds recovered from the transaction increasing investment in the
Intelligent marine equipment business and further focusing on Embodied Intelligent Robot equipment business to
achieve high-quality development of the listed company.Dongfang Precision will fully utilize the cash proceeds recovered from the transaction to provide stronger
financial support for the development of its existing businesses. Upon completion of this transaction the listed
company will concentrate its efforts on developing the Intelligent marine equipment business further focusing on
Embodied Intelligent Robot equipment business achieving high-quality development and enhancing its market
competitiveness and profitability.
68 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
(2) Adhering to standardized operations improving corporate governance and providing institutional
safeguards for the company’s development. Dongfang Precision will strictly comply with the Company Law the
Securities Law and the Code of Corporate Governance for Listed Companies as well as other relevant laws
regulations and normative documents. It will continuously improve corporate governance to ensure that
shareholders can fully exercise their rights that the Company operates in a standardized manner with scientific
decision-making strong execution effective supervision and efficient operations safeguarding the overall
interests of the Company particularly the legitimate rights and interests of minority shareholders and providing
institutional guarantees for the company’s development.
(3) Further improving the company’s profit distribution system and strengthening investor returns. In
accordance with the Articles of Associations and the Guidelines for the Regulation of Listed Companies No. 3—
Cash Dividends of Listed Companies as well as other relevant laws regulations and normative documents the
Company has further clarified the specific conditions ratios distribution forms and conditions for stock dividends
in its profit distribution particularly cash dividends. It has also improved the decision-making procedures and
mechanisms for profit distribution and the principles for adjusting profit distribution policies thereby
strengthening the protection mechanism of the rights and interests of minority investors. Upon completion of the
transaction the Company will continue to strictly implement its existing dividend policy and where conditions
for profit distribution are met actively promote profit distribution to shareholders and strive to enhance
shareholder returns.
2. Potential risks of conducting entrusted wealth management
Based on the phased operation and development of its main business and its cash management situation the
Company has moderately conducted entrusted wealth management with a portion of its idle self-owned funds
every year since 2020 subject to approval by the shareholders' meeting and the board of directors. The purpose of
the aforesaid entrusted wealth management is to improve the utilization efficiency of self-owned funds enhance
the Company’s overall return on net assets and create more value for all shareholders on the premise of not
affecting the steady development of the Company’s main business ensuring the funding requirements for normal
operations of the Company in all aspects and maintaining fund safety and controllable risks.However conducting the aforesaid business entails risks arising from financial market fluctuations and
uncertain returns. In the wealth management business if risk events occur in relation to the trustee’s investment
strategies use of funds or other aspects there is a potential risk that the Company may incur certain investment
losses.Countermeasures:
On the premise of ensuring that the funds required for the normal operation of the Company’s main business
are not affected the Company shall reasonably control the fund scale of financial asset investments; continuously
establish and improve internal control systems and mechanisms related to entrusted wealth management;
continuously strengthen risk control management to ensure the safety of investment funds and strictly control risk
exposure; strictly select partners and choose to conduct entrusted wealth management business in cooperation
with professional financial institutions that possess relevant professional qualifications enjoy good reputation
have large scale are capable of ensuring fund safety and meanwhile have sound operating performance and
strong fund operation capabilities..
3. Risk that the development of the Embodied Intelligent Robot equipment business may fall short of
expectations
Embodied intelligence as a new industry and new track under the strategic guidance of the Outline of the
15th Five-Year Plan for National Economic and Social Development has continuously received extensive
attention from the market industry society and media in recent years. The embodied intelligent robot equipment
business which Dongfang Precision has strategically cultivated achieved a "from zero to one" breakthrough in
the first half of 2026 with substantial progress and phased achievements: the humanoid robot body production and
assembly business carried by the controlling subsidiary DongFang Primo completed the construction of an
automated humanoid robot production line and entered the large-scale production phase during the current
reporting period having achieved mass production and delivery of humanoid robots; the embodied intelligent
69 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
robot data collection/data training and scenario-oriented robot application solution business operated by the
subsidiary Dongfang Digicom completed the construction and official inauguration of the "Guangdong-Hong
Kong-Macao Greater Bay Area (Foshan) Embodied Intelligent Robot Data Training Center" during the current
reporting period.However the Embodied Intelligent Robot field remains in a stage of continuous technological breakthroughs
exploration of commercial application scenarios and rapid iteration. The large-scale commercialization of such
technologies requires overcoming multiple barriers including technological reliability product quality stability
market acceptance cultivation and adaptation to legal and regulatory frameworks. If future progress in key
technological breakthroughs product quality stability and practical application scenarios falls short of
expectations it may slow the overall development of the sector. If the cultivation of downstream application
market demand lags behind it will directly affect the overall development of the industry and in turn adversely
impact the Company’s business expansion and revenue realization in the strategic emerging industries segment.Meanwhile external factors such as industry regulatory policies the development of industry standard systems
and public acceptance may also constrain the commercialization of related products. If the overall progress in core
technological breakthroughs product quality and market cultivation falls short of expectations the commercial
promotion of relevant products may face a risk of material delay.Countermeasures:
The Company will dynamically adjust capital expenditure and the pace of industrialization in line with
technological development application implementation and commercialization progress and will reasonably
control the scale of investment in the strategic emerging industries segment to avoid operational risks arising from
blind and excessive investment. It will also conduct regular comprehensive assessments of factors such as the
industry development environment technological iteration market demand and policy changes adjust its business
development strategies in a timely manner optimize its business layout where necessary and mitigate the impact
of overall industry risks on the Company’s operations and development.Ⅺ. Implementation of Market Value Management System and Valuation Enhancement Plan
whether the Company has formulated a market value management system.□ Yes √ No
whether the Company has disclosed a valuation enhancement plan.□ Yes √ No
ⅪI. Implementation of the “Quality and Earnings Dual Improvement” Action Plan
whether the Company has disclosed the “Quality and Earnings Dual Improvement” Action Plan.□ Yes √ No
70 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Part IV Corporate Governance Environmental and Social
Responsibilities
I Changes of Directors and Senior Management
□Applicable□ Not applicable
The Company’s directors and senior management remained unchanged during the Reporting Period. For details see the 2025 Annual
Report.II Dividend Plan for the Reporting Period
□Applicable □Not applicable
Number of Bonus Shares per 10 Shares (shares) 0
Dividend per 10 shares (yuan) (including tax) 2
Number of bonus shares issued per 10 shares 0
The current total issued share capital is 1217285908 shares.Base Share Capital for the Proposed Distribution (shares) The total share capital as of the record date for the dividend
distribution when the dividend plan is implemented in the
future will serve as the capital base for the distribution plan.Cash Dividend Amount (Yuan) (including tax) 243457181.60
Amount of cash dividends paid through other means (e.g.share buybacks) (yuan) 0.00
Total Cash Dividends (including other forms) (yuan) 243457181.60
Distributable Profit (yuan) 929188077.94
Percentage of Total Profit Distribution Represented by Total
Cash Dividends (Including Other Forms) 100%
Details of This Cash Dividend Distribution
Other
Detailed Explanation of the Proposal for Profit Distribution or Capitalization of Capital Reserves
As of the beginning of 2026 the parent company of Dongfang Precision had accumulated retained earnings of RMB
74159538.10 (representing the book balance of the Retained Earnings account on the parent company’s balance sheet as of
December 31 2025). In the first half of 2026 the parent company reported net income of RMB 1006838383.03. In accordance
with the provisions of the Company Law and the Articles of Association a statutory surplus reserve of RMB 100683838.30 was
set aside at a rate of 10% After deducting the cash dividends for the 2025 fiscal year distributed in the first half of 2026 in the
amount of RMB 51126004.89 (including tax) the balance of the “Retained Earnings” account in the parent company’s financial
statements as of June 30 2026 was RMB 929188077.94.The interim dividend proposal for 2026 is as follows:
Based on the total share capital as of the record date for the dividend distribution a cash dividend RMB 2 yuan (tax included) will
be paid to all shareholders for every 10 shares held. No bonus shares will be issued and no capital reserves will be used to
increase share capital. As of the date of disclosure of this dividend proposal the Company’s total issued share capital is
1217285908 shares. Based on this figure the total proposed cash dividend amounts to RMB 243457181.60 (including tax).
From the date of disclosure of this dividend plan until the date of its implementation if the Company’s total issued share capital
changes due to the exercise of stock options granted under equity incentive plans share repurchases or cancellations the total
share capital as of the record date for the dividend distribution shall serve as the basis for calculation and the total dividend
amount shall be adjusted accordingly while maintaining the cash dividend per share at the same ratio.
71 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
III Equity Incentive Plans Employee Stock Ownership Plans or Other Incentive Measures for
Employees
□Applicable □ Not applicable
1. Equity Incentives
During the reporting period the Company did not implement any equity incentive plans.
2. Implementation of Employee Stock Ownership Plans
? Applicable □ Not applicable
The situation of all effective employee stock ownership plans during the reporting period
Total Proportion of
Number
number of Change the total share
Scope of employees of Source of funds
shares held situation capital of the
employees
(shares) listed company
The long-term
Company directors (excluding independent incentive award
directors) senior managers who play important fund withdrawn by
roles and have significant impacts on the overall the company in
performance and medium to long-term accordance with
52 21330000 NA 1.75%
development of the company as well as core the systems
managers and core business (technical) personnel regarding salary
who are employed by the company or its management and
controlled subsidiaries performance
management.The shareholding of directors and senior management personnel in the employee stock ownership plan during the reporting period
The proportion of the
Opening shareholding Closing shareholding
Name Office title total share capital of the
(share) (share)
listed company.Director and General
Qiu Yezhi 4090000 2454000 0.20%
Manager
Director Board Secretary 700000 420000 0.03%Feng Jia
and Vice President
Chief Financial Officer and
Shao Yongfeng 700000 420000 0.03%
Vice President
Note: On July 28 2026 the Company issued the “Announcement Regarding the Change of Board Secretary” stating that Ms. Feng Jia had resigned
from her positions as a director of the Company’s Fifth Board of Directors and as Board Secretary; her resignation took effect upon delivery to the
Company’s Board of Directors. Changes in asset management institutions during the reporting period
Changes in asset management institutions during the reporting period
□ Applicable √ Not applicable
Changes in equity caused by holders' disposal of shares etc. during the reporting period
√Applicable □ Not applicableGiven that the Company’s Board of Directors approved the “Proposal Regarding the Expiration of the First Lock-up Period of the
2024 Employee Stock Ownership Plan and the Fulfillment of Unlocking Conditions” on October 17 2025 the first lock-up period of
the 2024 Employee Stock Ownership Plan expired on October 25 2025 and the unlocking conditions for the first lock-up period
72 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
have been met. A total of 8532000 shares are eligible for unlocking. During the reporting period following deliberation andapproval by the Employee Stock Ownership Plan Management Committee and in compliance with the “2024 Employee StockOwnership Plan Proposal” and the “2024 Employee Stock Ownership Plan Management Measures” while ensuring legality and
compliance the Management Committee decided to sell the aforementioned 8532000 unlocked shares. As of the end of the
reporting period the disposal of these shares has been completed.Exercise of Shareholder Rights During the Reporting Period
□ Applicable √ Not applicable
Other relevant matters regarding the employee stock ownership plan during the reporting period
During the reporting period the Company convened the first 2026 meeting of participants in the 2024 Employee Stock OwnershipPlan and a Board of Directors meeting at which the “Proposal on Adjusting Matters Related to the Company’s 2024 Employee StockOwnership Plan” was reviewed and approved. Given that the Company completed the closing of the sale of 100% of the equity
interests in Guangdong Fosber Intelligent Equipment Co. Ltd. and Dylan (Guangdong) Intelligent Equipment Manufacturing Co.Ltd. in April 2026 and considering that certain employees of the two aforementioned sold companies participated in the Company’s
2024 and 2025 Employee Stock Ownership Plans as holders in order to maintain the fairness of the incentive mechanism and to
refine the handling of incentive shares under special circumstances the Company has made relevant adjustments to the provisions of
the Employee Stock Ownership Plan.Changes in the members of the management committee of the employee stock ownership plan
√Applicable □ Not applicable
During the reporting period the Company convened the first 2026 meeting of participants in the 2024 Employee Stock OwnershipPlan. The meeting reviewed and approved the “Proposal on the Election of Members to the Management Committee of theCompany’s 2024 Employee Stock Ownership Plan” electing Qiu Yezhi Xie Weiwei and Wang Qiang as the new members of the
Management Committee for the Company’s 2024 Employee Stock Ownership Plan. Their terms of office will coincide with the
duration of the 2024 Employee Stock Ownership Plan.The financial impact of the employee stock ownership plan on the listed company during the reporting period and relevant
accounting treatments
? Applicable □ Not applicable
According to "Accounting Standards for Business Enterprises No. 11 - Share-based Payments" for equity-settled share-based
payments in exchange for employees' services that can only be exercised when the services during the waiting period are completed
or the stipulated performance conditions are met on each balance sheet date during the waiting period the services obtained in the
current period should be included in relevant costs or expenses and capital reserve based on the best estimate of the number of
exercisable equity instruments and in accordance with the fair value of the equity instruments on the grant date. The amortization
expense of the company's employee stock ownership plan in 2026H1 was 1.640.47million yuan which was included in relevant
expense accounts and capital reserve.The situation of the termination of the employee stock ownership plan during the reporting period.□ Applicable √ Not applicable
3. Other Incentive Measures for Employees
□ Applicable √ Not applicable
73 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
IV Disclosure of Environment Information
□Applicable □ Not applicable
Whether the listed company and its major subsidiaries are included in the list of enterprises required to disclose environmental
information in accordance with the law
□Yes □ No
Number of companies included in the list of enterprises required to
disclose environmental information in accordance with the law (unit: 2
enterprise)
Query index for reports on environmental information
No. Name
disclosure in accordance with the law
Jiangsu Provincial Department of Ecology and
1 Environment - "Environmental Protection Facemask"Parsun Power
for Jiangsu Enterprises (One Enterprise One File)
https://sthjt.jiangsu.gov.cn/col/col83817/index.html
Jiangsu Provincial Department of Ecology and
2 Environment - "Environmental Protection Facemask"Parsun Power Technology
for Jiangsu Enterprises (One Enterprise One File)
https://sthjt.jiangsu.gov.cn/col/col83817/index.html
V Social Responsibilities
The Company attached importance to fulfilling social responsibility in daily operations intending to promote harmony and co-
prosperity between it and parties related to its interests. The Company also took active measures in the protection of the rights and
interests of shareholders creditors employees suppliers customers and consumers environmental protection sustainable
development public relations and social public welfare undertakings and strived to maximize comprehensive social benefits
including the sustainable development of itself.
(1) Corporate governance: During the Reporting Period the Company strictly abided by the Company Law the Securities Law
and Code of Corporate Governance for Listed Companies continued to refine the corporate governance structure improve the
internal control system formed the decision-making system comprising the Shareholders' General Meeting the Board of Directors
and the Management and timely fulfilled its obligation of information disclosure according to laws and regulations and effectively
safeguarded the rights and interests of all shareholders.
(2) Rights and interests of employees: The Company provided employees with welfare and care by providing holiday gifts and
holding employee birthday parties annual meetings and team-building activities improved employees' professional competence by
offering regular or irregular training to employees in the headquarters and domestic and foreign branches and subsidiaries and
continued to improve the competitive comprehensive remuneration system to retain and attract talents needed for the Company's
sustainable development.
(3) Relationship with customers and suppliers: Long adhering to the principle of "honest business" and "mutual benefit and
win-win" the Company took the initiative to construct and develop a strategic partnership with suppliers and customers and jointly
built a platform of trust and cooperation and earnestly fulfilled its social responsibilities to suppliers customers and consumers. The
Company has been well-performing contracts with suppliers and customers and ensuring that the rights and interests of all parties are
highly valued and duly protected.
(4) Production safety: The Company strictly abided by the Labour Law and the Labour Contract Law adhered to the "people-
oriented" principle attached importance to the needs of employeesstrived to improve the working and living environments of
employees and has set up a labor union to effectively protect the interests of employees. It also provided labor protection supplies
according to the risk factors of different posts organized occupational health examinations for employees (before taking the post on
74 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
the post and before leaving the post) and bought safety liability insurance for employees on highly risky posts. In 2020 Dongfang
Precision extended its Grade II Production Safety Standardization Certificate for Machinery Enterprises and Parsun Power and
Fosber Asia were granted the Grade III Production Safety Standardization Certificate for Machinery Enterprises.
(5) Environmental Protection: Dongfang Precision was granted the “National Pollutant Discharge Permit” and commissions a
third-party monitoring agency to conduct quarterly testing of wastewater exhaust emissions and noise levels issuing third-party
testing reports; it also commissions a qualified environmental protection company to transport wastewater on a monthly basis
thereby meeting the zero-discharge requirement for wastewater as specified in the environmental protection approval; Every year thecompany organizes and successfully undergoes recertification reviews for the “OHSAS 18001:2007 Occupational Health and SafetyManagement System” and the “ISO 14001:2015 Environmental Management System.”
The subsidiary Parsun Power has obtained the “National Pollutant Discharge Permit” and has passed ISO 14001:2015
Environmental Management System certification. To address pollutants that may be generated during the company’s daily production
processes Parsun Power has purchased environmental protection equipment and facilities including one 80000 m3/h zeolite rotor +
RTO exhaust gas treatment system one 28000 m3/h exhaust gas treatment system and one wastewater reuse system which are
capable of meeting daily pollutant treatment requirements. During the reporting period Parsun Power’s exhaust gas treatment and
wastewater treatment facilities operated stably under good working conditions with exhaust emissions meeting regulatory standards.All hazardous waste was safely transferred and disposed of by appropriately qualified entities in accordance with regulations and
registered with the environmental protection authorities.
(6) Anti-fraud: The Group complied a thorough internal authorization manual that detailed provisions on internal authorization
process of major matters to ensure appropriate internal control and reduce the risk of fraud. In order to create a fair just honest and
non-corrupt internal business environment and strengthen internal monitoring the Company also established and launched the anti-
fraud reporting platform to encourage employees to report fraud findings.
75 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Part V Significant Events
I Undertakings of the Company’s Actual Controller Shareholders Related Parties and Acquirers as well as the Company Itself and
Other Entities Fulfilled in the Reporting Period or Unfulfilled and Overdue at the Period-End
□Applicable □Not applicable
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
Commitments
related to reform
of shareholder
structure
Commitments
made in
acquisition report
of change of
equity report
# Letter of Commitment on the Authenticity Accuracy and Completeness of The period from the
Information Provided announcement date of
I. I warrant that I will promptly provide the listed company with materials and the first resolution of
Commitments information relating to this transaction and that all materials and information the board of directors
Tang Zhuolin
made in asset Other Commitments supplied by me in the course of this transaction are true accurate and complete 28 Nov 2025 of the listed company Completed
Tang Zhuomian
reorganization without any false records misleading statements or material omissions. If any approving the
false records misleading statements or material omissions exist in the materials proposals in relation
and/or information provided by me which cause losses to the listed company or to this transaction to
investors I shall be liable for compensation in accordance with the law. the date of full
76 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
II. I warrant that all materials and information provided to all intermediaries completion of the
participating in this transaction are true accurate and complete; all such materials implementation of
are original written documents or duplicate copies and such duplicates or copies this transaction.are consistent with the original documents or originals. The signatures and seals
on all documents are authentic the signatories of such documents are duly
authorized and have validly executed such documents and there are no false
records misleading statements or material omissions.III. I warrant that I have fulfilled the statutory disclosure and reporting
obligations and there are no contracts agreements arrangements or other matters
that should be disclosed but remain undisclosed.IV. In accordance with the progress of this transaction I will promptly provide
relevant information and materials pursuant to the provisions of laws regulations
rules the China Securities Regulatory Commission and the Shenzhen Stock
Exchange and warrant that the information and materials to be continuously
provided shall continue to meet the requirements of authenticity accuracy
completeness and validity.V. If this transaction is subject to case-filing investigation by a judicial authority
or the China Securities Regulatory Commission on suspicion that the information
provided or disclosed by me contains false records misleading statements or
material omissions any shares in the listed company in which I have an interest
shall not be transferred prior to the conclusion of the investigation. Within two
trading days upon receipt of the notice of case-filing inspection I shall submit a
written application for suspension of transfer and my securities account to the
board of directors of the listed company which shall apply to the stock exchange
and the securities depository and settlement institution for the lock-up of such
shares on my behalf. If I fail to submit the lock-up application within two trading
days I hereby agree to authorize the board of directors of the listed company to
77 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
directly submit my identity information and account information to the stock
exchange and the securities depository and settlement institution for verification
and apply for share lock-up. If the board of directors of the listed company fails to
submit my identity information and account information to the stock exchange
and the securities depository and settlement institution I hereby agree to authorize
the stock exchange and the securities depository and settlement institution to
directly lock up the relevant shares. If any illegal or non-compliant circumstances
are found in the investigation conclusion I commit that the locked-up shares shall
be voluntarily used for relevant investor compensation arrangements.VI. I shall bear legal liabilities in accordance with the law in the event of any
breach of the above commitments.# Letter of Commitment on Compliance and Good Credit Standing
I. I am a natural person with full capacity for civil conduct and civil rights
possessing and complying with the qualifications for office and obligations
prescribed by the Company Law the Listing Rules of the Shenzhen Stock
Exchange and other laws regulations regulatory documents as well as the
Articles of Association of the listed company and my holding of office (if any) is
appointed through statutory procedures. I do not have any circumstances of
holding office or part-time employment prohibited by relevant laws regulations
regulatory documents the Articles of Association relevant regulatory authorities
or part-time employers (if any).II. I have not been subject to any administrative penalties (except those clearly
unrelated to the securities market) or criminal penalties in the past five years nor
have I been involved in any material civil litigation or arbitration relating to
economic disputes. As of the date hereof there are no pending or potential
material litigations arbitrations or administrative penalties against me.
78 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
III. I have maintained a good credit standing in the past five years. I have not
defaulted on the repayment of large-scale debts failed to perform commitments
been subject to administrative regulatory measures by China’s securities
regulatory authorities or disciplinary sanctions by stock exchanges been listed as
a joint disciplinary offender or a dishonest judgment debtor or committed any
serious bad faith acts in the securities market. In the past three years I have not
committed any material violations been suspected of material violations or been
subject to material administrative penalties with serious circumstances. I have not
been subject to case-filing investigation by a judicial authority on suspicion of
committing a crime or case-filing investigation by China’s securities regulatory
authorities or other competent authorities on suspicion of violation of laws or
regulations.IV. I shall bear legal liabilities in accordance with the law in the event of any
breach of the above commitments.# Commitment on Non-Disclosure of Inside Information and Non-Participation in
Insider Trading
I. Neither I nor enterprises under my control are subject to any circumstances set
forth in Article 12 of the Regulatory Guidelines for Listed Companies No. 7 –
Supervision of Abnormal Stock Trading Related to Material Asset Restructuring
of Listed Companies that is neither I nor such enterprises are under case-filing
investigation or case-filing inspection in connection with suspected insider trading
relating to this transaction; nor have we been subject to administrative penalties
by the China Securities Regulatory Commission or criminal liability pursued by
judicial authorities for insider trading related to material asset restructuring in the
past thirty-six months.II. Neither I nor enterprises under my control have illegally disclosed any inside
information relating to this transaction or engaged in insider trading by illegally
79 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
using such inside information. I warrant to take necessary measures to keep
strictly confidential all materials and information involved in this transaction.III. I shall bear legal liabilities in accordance with the law in the event of any
breach of the above commitments.# Explanation on Confidentiality Measures Adopted
I. I have strictly fulfilled my confidentiality obligations in respect of the
information relating to this transaction prior to its lawful disclosure and adopted
adequate and necessary confidentiality measures for this transaction.II. I attach great importance to the administration of inside information cooperate
with the listed company to strictly control the scope of insiders and fill in the
insider registration form.III. I have not illegally disclosed any inside information relating to this transaction
and/or engaged in insider trading by illegally using such inside information and I
warrant to take necessary measures to keep strictly confidential all materials and
information involved in this transaction.IV. I shall bear legal liabilities in accordance with the law in the event of any
breach of the above commitments.# Letter of Commitment on Measures to Offset Diluted Immediate Returns in
Respect of This Restructuring
I. I commit not to interfere ultra vires with the operation and management of the
listed company or encroach upon the interests of the listed company.II. I commit not to convey interests to any other entity or individual without
compensation or on unfair terms nor to impair the interests of the listed company
by any other means.III. I commit to restrict my daily official consumption activities.IV. I commit not to use the assets of the listed company to engage in any
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
investment or consumption activities irrelevant to the performance of my duties.V. I commit to within the scope of my duties and authority make best efforts to
promote the linkage between the remuneration system formulated by the board of
directors or the remuneration and assessment committee of the listed company
and the implementation of the measures to offset diluted returns of the listed
company.VI. I commit that if the listed company launches an equity incentive plan in the
future the proposed vesting conditions of such equity incentive plan shall be
linked to the implementation of the measures to offset diluted returns of the listed
company.VII. From the date hereof until the completion of this transaction if the regulatory
authority issues any new regulatory provisions concerning measures to offset
diluted returns and commitments thereon and the relevant contents of this
commitment fail to meet such provisions of the regulatory authority I commit to
issue a supplementary commitment in accordance with the latest provisions of the
regulatory authority at that time.VIII. I will earnestly implement the relevant measures to offset diluted returns
formulated by the listed company and any commitments made by me in respect
thereof. If I breach the above commitments and cause losses to the listed company
or investors I agree to bear corresponding compensation liabilities in accordance
with the law.# Statement and Commitment on the Absence of Related Party Relationship with
the Counter-party
I. As of the date of this statement and commitment letter I have no related party
relationship or relationship of acting in concert with the transaction counter-party
and the enterprises or entities controlling the transaction counter-party. The
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
transaction counter-party is not an enterprise under my control.II. The contents of this statement and commitment letter are true accurate and
complete. I shall bear corresponding legal liabilities in the event of any false
records misleading statements or material omissions.# Commitment on the Authenticity Accuracy and Completeness of Information
Provided
1. I warrant that I will promptly provide the listed company with materials and
information in relation to this transaction and that all materials and information
supplied by me during this transaction are true accurate and complete without
any false records misleading statements or material omissions. In the event that
The period from the
any false records misleading statements or material omissions in the materials
announcement date of
and/or information provided by me cause losses to the listed company or
the first resolution of
Tang Zhuolin investors I shall be liable for compensation in accordance with the law.the board of directors
Qiu Yezhi Feng 2. I warrant that all materials and information provided to all intermediaries
of the listed company
Jia Li Ketian Tu participating in this transaction are true accurate and complete; all materials
approving the
Haichuan Feng Other Commitments furnished are original written documents or duplicate copies and such duplicates 28 Nov 2025 Completed
proposals in relation
Zhidong Chen or copies are consistent with the original documents or originals. The signatures
to this transaction to
Huiyi Shao and seals on all documents are authentic the signatories of such documents are
the date of full
Yongfeng duly authorized and have validly executed the documents and there exist no false
completion of the
records misleading statements or material omissions.implementation of
3. I warrant that I have fulfilled my statutory disclosure and reporting obligations
this transaction.and there are no contracts agreements arrangements or other matters that are
required to be disclosed but have not been disclosed.
4. In accordance with the progress of this transaction I will promptly provide
relevant information and materials pursuant to the provisions of laws regulations
rules the China Securities Regulatory Commission and the Shenzhen Stock
Exchange and warrant that the information and materials to be provided
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
continuously shall continue to meet the requirements of being true accurate
complete and valid.
5. If this transaction is placed on file for investigation by a judicial authority or
the China Securities Regulatory Commission on the ground that the information
provided or disclosed by me is suspected of containing false records misleading
statements or material omissions any shares in the listed company in which I
have an interest shall not be transferred prior to the issuance of the investigation
conclusion. Within two trading days after receiving the notice of case-filing
investigation I shall submit a written application for the suspension of transfer
and my securities account to the board of directors of the listed company which
shall apply to the stock exchange and the securities depository and clearing
corporation for the lock-up of such shares on my behalf. If I fail to submit the
lock-up application within two trading days I hereby agree to authorize the board
of directors of the listed company to directly submit my identity information and
account information to the stock exchange and the securities depository and
clearing corporation for verification and apply for the lock-up of shares. If the
board of directors of the listed company fails to submit my identity information
and account information to the stock exchange and the securities depository and
clearing corporation I hereby agree to authorize the stock exchange and the
securities depository and clearing corporation to directly lock up the relevant
shares. If any illegal or non-compliant circumstances are identified in the
investigation conclusion I commit that the locked-up shares shall be voluntarily
used for relevant investor compensation arrangements.
6. I shall bear legal liabilities in accordance with the law in case of any breach of
the above commitments.# Commitment on No Disclosure of Inside Information or Insider Trading
1. Neither I nor the enterprises under my control are subject to any of the
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
circumstances set forth in Article 12 of the *Regulatory Guidelines for Listed
Companies No. 7 – Supervision of Abnormal Stock Trading Related to Material
Asset Restructuring of Listed Companies* that is neither I nor such enterprises
are under case-filing investigation or inspection in connection with suspected
insider trading relating to this transaction; nor have we been subject to
administrative penalties by the China Securities Regulatory Commission or
criminal liability pursued by judicial authorities for insider trading related to
material asset restructuring in the past thirty-six months.
2. Neither I nor the enterprises under my control have illegally disclosed any
inside information relating to this transaction or engaged in insider trading by
illegally using such inside information; I warrant to take necessary measures to
keep strictly confidential all materials and information involved in this
transaction.
3. I shall bear legal liabilities in accordance with the law in case of any breach of
the above commitments.# Letter of Commitment on Compliance and Good Faith
1. I am a natural person with full capacity for civil conduct and civil rights
possessing and complying with the qualifications for holding office and
obligations prescribed by the *Company Law* the *Listing Rules of the
Shenzhen Stock Exchange* and other laws regulations regulatory documents as
well as the articles of association of the listed company and my holding of office
(if any) has been appointed through statutory procedures. I do not engage in any
holding of office or part-time employment prohibited by relevant laws
regulations regulatory documents the articles of association relevant regulatory
authorities or part-time employers (if any).
2. I have not been subject to any administrative penalties (except those obviously
unrelated to the securities market) or criminal penalties in the past five years nor
84 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
have I been involved in any material civil litigation or arbitration relating to
economic disputes. As of the date hereof there are no pending or potential
material litigations arbitrations or administrative penalties against me.
3. I have maintained good credit standing in the past five years. I have not
defaulted on the repayment of large debts failed to perform commitments been
subject to administrative regulatory measures by China’s securities regulatory
authorities or disciplinary sanctions by stock exchanges been listed as a joint
disciplinary offender or a dishonest judgment debtor or committed any serious
bad faith acts in the securities market. In the past three years I have not
committed any material violations been suspected of material violations or been
subject to material administrative penalties with serious circumstances. I have not
been placed on file for investigation by a judicial authority on suspicion of
committing a crime or placed on file for investigation by China’s securities
regulatory authorities or other competent authorities on suspicion of violating
laws or regulations.
4. I shall bear legal liabilities in accordance with the law in case of any breach of
the above commitments.# Explanation on Confidentiality Measures Adopted
1. I have strictly fulfilled my confidentiality obligations in respect of the
information relating to this transaction prior to its lawful disclosure and adopted
adequate and necessary confidentiality measures for this transaction.
2. I attach great importance to the administration of inside information cooperate
with the listed company to strictly control the scope of insiders and fill in the
insider registration form.
3. I have not illegally disclosed any inside information relating to this transaction
and/or engaged in insider trading by illegally using inside information and I
warrant to take necessary measures to keep strictly confidential all materials and
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
information involved in this transaction.
4. I shall bear legal liabilities in accordance with the law in case of any breach of
the above commitments.# Letter of Commitment on Measures to Mitigate Dilution of Immediate Returns
Arising from This Restructuring
1. I commit not to convey interests to any other entity or individual without
compensation or on unfair terms nor to impair the interests of the listed company
by any other means.
2. I commit to exercise restraint over my daily official consumption.
3. I commit not to use the assets of the listed company to conduct any investment
or consumption activities irrelevant to the performance of my duties.
4. I commit to within the scope of my duties and authority make best efforts to
promote the linkage between the remuneration system formulated by the board of
directors or the Remuneration and Evaluation Committee and the implementation
of the listed company’s return mitigation measures.
5. I commit that if the listed company launches an equity incentive plan in the
future the proposed vesting conditions of the listed company’s equity incentive
plan shall be linked to the implementation of the listed company’s return
mitigation measures.
6. From the date hereof until the completion of the implementation of this
transaction if the regulatory authority issues any new regulatory provisions
concerning return mitigation measures and commitments thereon and the relevant
contents of this commitment fail to meet such provisions of the regulatory
authority I commit to issue a supplementary commitment in accordance with the
latest provisions of the regulatory authority at that time.
7. I will earnestly implement the relevant return mitigation measures formulated
by the listed company and any commitments made by me in respect thereof. In the
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
event that I breach the above commitments and cause losses to the listed company
or investors I am willing to bear corresponding compensation liabilities in
accordance with the law.# Commitment on the Authenticity Accuracy and Completeness of Information
Provided
1. The Company warrants that all materials and information supplied in
connection with this transaction are true accurate and complete without any false
records misleading statements or material omissions. In the event that any false
records misleading statements or material omissions in the materials and/or
information provided by the Company cause losses to investors the Company The period from the
shall be liable for compensation in accordance with the law. announcement date of
2. The Company warrants that all materials and information provided to all the first resolution of
intermediaries participating in this transaction are true accurate and complete; all the board of directors
materials furnished are original written documents or duplicate copies and such of the listed company
duplicates or copies are consistent with the original documents or originals. The approving the
The Company Other Commitments 28 Nov 2025 Completed
signatures and seals on all the aforementioned documents provided by the proposals in relation
Company are authentic the signatories of such documents are duly authorized and to this transaction to
have validly executed the same and there exist no false records misleading the date of full
statements or material omissions. completion of the
3. The Company warrants that it has fulfilled its statutory disclosure and reporting implementation of
obligations and there are no contracts agreements arrangements or other matters this transaction.that are required to be disclosed but have not been disclosed.
4. In accordance with the progress of this transaction the Company will promptly
provide relevant information and materials pursuant to the provisions of laws
regulations rules the China Securities Regulatory Commission and the Shenzhen
Stock Exchange and warrants that the information and materials to be provided
continuously shall continue to meet the requirements of being true accurate
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
complete and valid.
5. The Company shall bear legal liabilities in accordance with the law in case of
any breach of the above commitments.# Statement on the Absence of Insider Trading in Connection with This Material
Asset Disposal
1. Neither the Company nor its directors senior management controlling
shareholder actual controller nor enterprises controlled by any of the foregoing
parties are subject to any of the circumstances set forth in Article 12 of the
*Regulatory Guidelines for Listed Companies No. 7 – Supervision of Abnormal
Stock Trading Related to Material Asset Restructuring of Listed Companies*; that
is none of them are under case-filing investigation or inspection in connection
with suspected insider trading relating to this transaction and none of them have
been subject to administrative penalties by the China Securities Regulatory
Commission or criminal liability pursued by judicial authorities for insider trading
related to material asset restructuring in the past thirty-six months.
2. Neither the Company nor its directors senior management controlling
shareholder actual controller nor enterprises controlled by any of the foregoing
parties have illegally disclosed any inside information relating to this transaction
or engaged in insider trading by illegally using such inside information; the
Company warrants to take necessary measures to keep strictly confidential all
materials and information involved in this transaction.
3. Any breach of the above statements and commitments shall result in legal
liabilities being borne in accordance with the law.# Letter of Commitment on Compliance and Good Faith
1. The Company is a legal entity duly incorporated and validly existing under the
laws and regulations of the People’s Republic of China and possesses the lawful
qualification to participate in this transaction execute transaction documents in
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
connection with this transaction and exercise and perform the rights and
obligations under the aforesaid relevant transaction documents.
2. The Company its directors and senior management have not been subject to
any administrative penalties (except those obviously unrelated to the securities
market) or criminal penalties in the past five years nor have they been involved in
any material civil litigation or arbitration relating to economic disputes. As of the
date hereof there are no pending or potential material litigations arbitrations or
administrative penalties against the Company.
3. The Company its directors and senior management have maintained good
credit standing in the past five years. None of them have defaulted on the
repayment of large debts failed to perform commitments illegally occupied
funds provided illegal external guarantees been subject to administrative
regulatory measures by China’s securities regulatory authorities or disciplinary
sanctions by stock exchanges been listed as a joint disciplinary offender or a
dishonest judgment debtor or committed any serious bad faith acts in the
securities market. The interests of the listed company or the legitimate rights and
interests of investors have not been seriously impaired by the controlling
shareholder or actual controller in a manner that remains unresolved.
4. The Company its directors and senior management do not fall under any of the
following circumstances:
(1) Having been publicly reprimanded by a stock exchange in the most recent
year;
(2) Being under case-filing investigation by a judicial authority on suspicion
of committing a crime or under case-filing investigation by securities regulatory
authorities or other competent authorities on suspicion of violating laws or
regulations;
(3) Having been subject to measures by securities regulatory authorities in
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
connection with securities violations including being identified as an
inappropriate person having business activities restricted or being banned from
the securities market and such measures remain in effect;
(4) Having been subject to measures by a stock exchange or other legally
approved national securities trading venues in connection with securities
violations including refusing to accept relevant documents issued by such party
for a specified period publicly determining such party unfit to serve as a director
or senior management of a listed company or being identified by the Securities
Association of China as unfit to engage in relevant businesses and such measures
remain in effect;
(5) Having committed material violations being suspected of material
violations or having been subject to material administrative penalties with serious
circumstances in the past three years.
5. Any breach of the above commitments shall result in legal liabilities being
borne in accordance with the law.# Commitment on Clear Title to the Target Assets and Absence of Disputes
1. The Target Company is an enterprise duly incorporated and validly existing
with no circumstances affecting its lawful existence. The Company legally holds
100% equity interest in the Target Company directly or indirectly through its
Dutch subsidiary. The procedures for the Company / the Dutch subsidiary to
acquire the equity interest in the Target Company are legal and compliant and all
investment consideration and/or transfer consideration have been fully paid; the
registered capital / share capital of the Target Company corresponding to its
equity interest has been fully contributed with no defects in capital contribution
such as under-capitalization unlawful withdrawal of capital contributions or false
capital contributions.
2. The Company legally owns full rights to the equity interest in the Target
90 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
Company directly or indirectly through its Dutch subsidiary. The title to the equity
interest in the Target Company is clear with no entrusted shareholding trust
shareholding or any other form of shareholding on behalf of others. No security
interests such as mortgage pledge or lien or any other third-party rights have
been created over such equity interest; there is no seal freeze custody or other
circumstances prohibiting or restricting its transfer; there are no known or
potential disputes or controversies in relation to such equity interest nor any
pending or foreseeable legal proceedings such as litigation arbitration or judicial
enforcement.
3. The Company warrants that the aforesaid status shall continue until the date on
which the equity interest in the Target Company is transferred and delivered to the
Buyer pursuant to the transaction agreement reached by all parties to this
transaction or the date on which this transaction is terminated (whichever occurs
earlier) and that there are no material obstacles to the completion of the transfer
and delivery procedures for the equity interest in the Target Company pursuant to
the transaction agreement reached by all parties to this transaction.
4. In the event of any breach of the above statements and commitments the
Company shall bear legal liabilities in accordance with the law.# Explanation on Confidentiality Measures and Confidentiality Systems Adopted
1. In connection with this transaction the Company has adopted adequate and
necessary confidentiality measures and established strict and effective
confidentiality systems in strict compliance with the requirements of laws
regulations and regulatory documents including the *Securities Law* the
*Measures for the Administration of Material Asset Restructuring of Listed
Companies* the *Measures for the Administration of Information Disclosure by
Listed Companies* the *Regulatory Guidelines for Listed Companies No. 5 –
Rules for the Registration of Inside Information Insiders of Listed Companies* as
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
well as the provisions of the Company’s articles of association and internal
management systems.
2. When conducting preliminary consultations and follow-up communications
with relevant parties regarding this transaction the Company adopted necessary
confidentiality measures limited the scope of persons with knowledge of relevant
sensitive information and properly registered inside information insiders.
3. The Company has executed confidentiality agreements with the securities
service institutions involved in this transaction or included confidentiality clauses
in relevant agreements stipulating the confidentiality responsibilities and
obligations of all parties.
4. The Company has repeatedly reminded inside information insiders to strictly
abide by the confidentiality systems fulfill confidentiality obligations and not
disclose or divulge inside information or trade the Company’s stocks using
inside information before such inside information is disclosed in accordance with
the law.
5. The Company attaches great importance to the administration of inside
information. In accordance with the *Regulatory Guidelines for Listed Companies
No. 5 – Rules for the Registration of Inside Information Insiders of Listed
Companies* and other relevant provisions it has strictly controlled the scope of
inside information insiders promptly recorded the list of inside information
insiders and the planning process at the stages of negotiation planning
demonstration and consultation strictly prepared inside information insider files
and transaction progress memoranda as required by the Shenzhen Stock
Exchange and submitted the same to the Shenzhen Stock Exchange in a timely
manner.# Statement and Letter of Commitment on the Absence of Related Party
Relationship with the Transaction Counterpart
92 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
1. As of the date of this statement and commitment letter the Company its
controlling shareholder actual controller directors senior management and
enterprises controlled by any of the foregoing parties have no related party
relationship with the transaction counter-party and the enterprises or entities
controlling the transaction counter-party. The transaction counter-party does not
hold any shares in the Company directly or indirectly in any manner nor has it
recommended any directors or senior management to the Company.
2. The contents of this statement and commitment letter are true accurate and
complete. In the event of any false records misleading statements or material
omissions the Company shall bear corresponding legal liabilities.The period from the
1. During the period from the announcement date of the first board resolution of
announcement date of
Tang Zhuolin the listed company approving the proposals relating to this transaction to the
the first resolution of
Tang completion of the implementation of this transaction if I hold shares in the listed
the board of directors
ZhuomianQiu company I have no plan to reduce my holdings of such shares.of the listed company
Yezhi Feng 2. If the listed company undertakes any ex-rights events including capitalization
28 Nov 2025 approving the
Jia Li Ketian Tu Other Commitments of reserves bonus issues or rights issues from the date of signing this commitment Completed
proposals in relation
Haichuan Feng letter until the completion of the implementation of this transaction any
to this transaction to
Zhidong Chen additional shares obtained by me therefrom shall also be subject to the above
the date of full
Huiyi Shao commitment.completion of the
Yongfeng 3. I shall bear legal liabilities in accordance with the law in the event of any
implementation of
breach of the above commitments.this transaction.# Letter of Commitment on the Authenticity Accuracy and Completeness of The period from the
Fosber S.p.A Information Provided announcement date of
Fosber Asia Other Commitments 1. The Company warrants that it will promptly provide the listed company with 28 Nov 2025 the first resolution of Completed
Tiru?a Asia materials and information relating to this transaction and that all materials and the board of directors
information supplied in the course of this transaction are true accurate and of the listed company
93 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
complete without any false records misleading statements or material omissions. approving the
In the event that any false records misleading statements or material omissions in proposals in relation
the materials and/or information provided by the Company cause losses to the to this transaction to
listed company or investors the Company shall be liable for compensation in the date of full
accordance with the law. completion of the
2. The Company warrants that all materials and information provided to all implementation of
intermediaries participating in this transaction are true accurate and complete; all this transaction.materials furnished are original written documents or duplicate copies and such
duplicates or copies are consistent with the original documents or originals. The
signatures and seals on all the aforementioned documents provided by the
Company are authentic the signatories of such documents are duly authorized and
have validly executed the same and there exist no false records misleading
statements or material omissions.
3. The Company warrants that it has fulfilled its statutory disclosure and reporting
obligations and there are no contracts agreements arrangements or other matters
that are required to be disclosed but have not been disclosed.
4. In accordance with the progress of this transaction the Company will promptly
provide relevant information and materials pursuant to the provisions of laws
regulations rules the China Securities Regulatory Commission and the Shenzhen
Stock Exchange and warrants that the information and materials to be provided
continuously shall continue to meet the requirements of being true accurate
complete and valid.
5. The Company shall bear legal liabilities in accordance with the law in case of
any breach of the above commitments.# Letter of Commitment on Compliance and Good Faith
1. The Company is a legal entity duly incorporated and validly existing under the
laws of its place of incorporation and possesses the lawful qualification to
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
participate in this transaction execute transaction documents in connection with
this transaction and exercise and perform the rights and obligations under the
aforesaid relevant transaction documents.
2. The Company its directors and senior management have not been subject to
administrative penalties (except those obviously unrelated to the securities
market) or criminal penalties whether inside or outside the People’s Republic of
China in the past five years nor have they been involved in any material civil
litigation or arbitration relating to economic disputes. As of the date hereof there
are no pending or potential material litigations arbitrations or administrative
penalties against the Company whether inside or outside the People’s Republic
of China.
3. The Company its directors and senior management have maintained good
credit standing in the past five years. None of them have defaulted on the
repayment of large debts failed to perform commitments illegally occupied
funds provided illegal external guarantees been subject to administrative
regulatory measures by China’s securities regulatory authorities or disciplinary
sanctions by stock exchanges been listed as a joint disciplinary offender or a
dishonest judgment debtor or committed any serious bad faith acts in the
securities market. There are no circumstances that seriously impair the legitimate
rights and interests of investors and the public interests.
4. The Company its directors and senior management do not fall under any of the
following circumstances:
(1) Having been publicly reprimanded by a stock exchange whether inside or
outside the People’s Republic of China in the most recent year;
(2) Being under case-filing investigation by a judicial authority whether inside or
outside the People’s Republic of China on suspicion of committing a crime or
under case-filing investigation by securities regulatory authorities or other
95 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
competent authorities whether inside or outside the People’s Republic of China
on suspicion of violating laws or regulations;
(3) Having been subject to measures by securities regulatory authorities whether
inside or outside the People’s Republic of China in connection with securities
violations including being identified as an inappropriate person having business
activities restricted or being banned from the securities market and such
measures remain in effect;
(4) Having been subject to measures by a stock exchange or other legally
approved national securities trading venues whether inside or outside the
People’s Republic of China in connection with securities violations including
refusing to accept relevant documents issued by such party for a specified period
publicly determining such party unfit to serve as a director supervisor or senior
management of a listed company or being identified by a securities association
whether inside or outside the People’s Republic of China as unfit to engage in
relevant businesses and such measures remain in effect;
(5) Having committed material violations being suspected of material violations
or having been subject to material administrative penalties with serious
circumstances in the past three years.
5. Any breach of the above commitments shall result in legal liabilities being
borne in accordance with the law.# Commitment on Non-Disclosure of Inside Information and Non-Participation in
Insider Trading
1. Neither the Company nor its directors supervisors senior management
controlling shareholder actual controller nor enterprises controlled by any of the
foregoing parties are subject to any of the circumstances set forth in Article 12 of
the *Regulatory Guidelines for Listed Companies No. 7 – Supervision of
Abnormal Stock Trading Related to Material Asset Restructuring of Listed
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
Companies*; that is none of them are under case-filing investigation or
inspection in connection with suspected insider trading relating to this transaction
and none of them have been subject to administrative penalties by the China
Securities Regulatory Commission or criminal liability pursued by judicial
authorities for insider trading related to material asset restructuring in the past
thirty-six months.
2. Neither the Company nor its directors supervisors senior management
controlling shareholder actual controller nor enterprises controlled by any of the
foregoing parties have illegally disclosed any inside information relating to this
transaction or engaged in insider trading by illegally using such inside
information; the Company warrants to take necessary measures to keep strictly
confidential all materials and information involved in this transaction.
3. Any breach of the above statements and commitments shall result in legal
liabilities being borne in accordance with the law.# Explanation on Confidentiality Measures Adopted
1. The Company has strictly fulfilled its confidentiality obligations in respect of
the information relating to this transaction prior to its lawful disclosure strictly
controlled the scope of insiders with knowledge of inside information in
connection with this transaction and adopted adequate and necessary
confidentiality measures for this transaction.
2. The Company attaches great importance to the administration of inside
information cooperates with the listed company to strictly control the scope of
insiders and fills in the insider registration form.
3. The Company has repeatedly reminded the relevant insiders to fulfill their
confidentiality obligations and responsibilities and prohibited them from trading
securities of the listed company disclosing such inside information or advising
others to trade securities of the listed company prior to the public disclosure of
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Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
such inside information.
4. The Company has not illegally disclosed any inside information relating to this
transaction and/or engaged in insider trading by illegally using inside information
and warrants to take necessary measures to keep strictly confidential all materials
and information involved in this transaction.
5. Any breach of the above statements shall result in legal liabilities being borne
in accordance with the law.Letter of Commitment on the Authenticity Accuracy and Completeness of
Information Provided
1. I warrant that I will promptly provide the listed company with the necessary
materials and information relating to this transaction and that all materials and
information supplied by me in the course of this transaction are true accurate and The period from the
complete without any false records misleading statements or material omissions. announcement date of
In the event that any false records misleading statements or material omissions in the first resolution of
the materials and/or information provided by me cause losses to the listed the board of directors
He Baohua Zhao company or investors I shall be liable for compensation in accordance with the of the listed company
QingjunChen law. approving the
Other Commitments 28 Nov 2025 Completed
Keyu Chen 2. I warrant that all materials and information provided to all intermediaries proposals in relation
Yingpeng participating in this transaction are true accurate and complete; all materials to this transaction to
furnished are original written documents or duplicate copies and such duplicates the date of full
or copies are consistent with the original documents or originals. The signatures completion of the
and seals on all the aforementioned documents provided by me are authentic the implementation of
signatories of such documents are duly authorized and have validly executed the this transaction.same and there exist no false records misleading statements or material
omissions.
3. In accordance with the progress of this transaction I will promptly provide
relevant information and materials pursuant to the provisions of laws regulations
98 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
rules the China Securities Regulatory Commission and the Shenzhen Stock
Exchange and warrant that the information and materials to be provided
continuously shall continue to meet the requirements of being true accurate
complete and valid.
4. I shall bear legal liabilities in accordance with the law in case of any breach of
the above commitments.Letter of Commitment on Compliance and Good Faith
1. I am a natural person with full capacity for civil conduct and civil rights
possessing and complying with the qualifications for holding office and
obligations prescribed by the Company Law of the People's Republic of China
the Listing Rules of the Shenzhen Stock Exchange and other laws regulations
regulatory documents as well as the constitutional documents of the Target
Company. My holding of office (if any) is appointed through statutory procedures;
I do not engage in any holding of office or part-time employment prohibited by
relevant laws regulations regulatory documents the Articles of Association
relevant regulatory authorities or part-time employers (if any).
2. I have not been subject to any administrative penalties (except those obviously
unrelated to the securities market) or criminal penalties in the past five years nor
have I been involved in any material civil litigation or arbitration relating to
economic disputes. As of the date hereof there are no pending or potential
material litigations arbitrations or administrative penalties against me.
3. I have maintained good credit standing in the past five years. I have not
defaulted on the repayment of large debts failed to perform commitments been
subject to administrative regulatory measures by China’s securities regulatory
authorities or disciplinary sanctions by stock exchanges been listed as a joint
disciplinary offender or a dishonest judgment debtor or committed any serious
bad faith acts in the securities market. In the past three years I have not
99 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
committed any material violations been suspected of material violations or been
subject to material administrative penalties with serious circumstances. I have not
been placed on file for investigation by a judicial authority on suspicion of
committing a crime or placed on file for investigation by China’s securities
regulatory authorities or other competent authorities on suspicion of violating
laws or regulations.
4. I shall bear legal liabilities in accordance with the law in case of any breach of
the above commitments.Letter of Commitment on Non-Disclosure of Inside Information and Non-
Participation in Insider Trading
1. Neither I nor the enterprises under my control are subject to any of the
circumstances set forth in Article 12 of the Regulatory Guidelines for Listed
Companies No. 7 – Supervision of Abnormal Stock Trading Related to Material
Asset Restructuring of Listed Companies; that is neither I nor such enterprises are
under case-filing investigation or inspection in connection with suspected insider
trading relating to this transaction and neither I nor such enterprises have been
subject to administrative penalties by the China Securities Regulatory
Commission or criminal liability pursued by judicial authorities for insider trading
related to material asset restructuring in the past thirty-six months.
2. Neither I nor the enterprises under my control have illegally disclosed any
inside information relating to this transaction or engaged in insider trading by
illegally using such inside information; I warrant to take necessary measures to
keep strictly confidential all materials and information involved in this
transaction.
3. I shall bear legal liabilities in accordance with the law in case of any breach of
the above statements and commitments.Explanation on Confidentiality Measures Adopted
100 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
1. I have strictly fulfilled my confidentiality obligations in respect of the
information relating to this transaction prior to its lawful disclosure and adopted
adequate and necessary confidentiality measures for this transaction.
2. I attach great importance to the administration of inside information cooperate
with the listed company to strictly control the scope of insiders and fill in the
insider registration form.
3. I have not illegally disclosed any inside information relating to this transaction
and/or engaged in insider trading by illegally using inside information and I
warrant to take necessary measures to keep strictly confidential all materials and
information involved in this transaction.
4. I shall bear legal liabilities in accordance with the law in case of any breach of
the above statements.Commitment Letter on the Truthfulness Accuracy and Completeness of
Information Provided
The period from the
1. The Company warrants that the Company and its directors/senior management
announcement date of
personnel will promptly provide the listed company with relevant materials and
the first resolution of
information in connection with this transaction and that all materials and
the board of directors
information provided by the Company in the course of this transaction are true
of the listed company
Foresight Italy accurate and complete free from any false records misleading statements or
approving the
BidCo S.p.A.; Other Commitments material omissions. If the provided materials and/or information contain false 28 Nov 2025 Completed
proposals in relation
Foresight US records misleading statements or material omissions that cause losses to the listed
to this transaction to
company or investors the Company shall bear compensation liability in
the date of full
accordance with the law.completion of the
2. The Company warrants that all materials and information provided by the
implementation of
Company to each intermediary institution participating in this transaction are true
this transaction.accurate and complete. The provided materials are either original written
materials or duplicate materials and the duplicate copies or photocopies of the
101 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
materials are consistent with the original materials or originals. The signatures and
seals on all documents provided by the Company are authentic the signatories of
such documents have been duly authorized and have validly signed the
documents and there are no false records misleading statements or material
omissions.
3. In accordance with the progress of this transaction the Company and its
directors/senior management personnel shall in accordance with the relevant
provisions of laws regulations rules the China Securities Regulatory
Commission (CSRC) and the Shenzhen Stock Exchange (SZSE) promptly
provide relevant information and materials and ensure that the continuously
provided information and materials still meet the requirements of being true
accurate complete and valid.
4. If the Company violates any of the above commitments the Company shall
bear corresponding legal liabilities in accordance with the law.Commitment Letter on Compliance and Good Faith
1. The Company is a legal entity legally established in accordance with the laws
of its place of incorporation and validly existing and has obtained all necessary
approvals and authorizations to participate in and implement this transaction sign
transaction documents in connection with this transaction and exercise and
perform the rights and obligations under such transaction documents.
2. The directors and senior management personnel of the Company are natural
persons with full capacity for civil conduct and civil rights who meet and comply
with the qualifications and obligations prescribed by applicable laws regulations
and the constitutional documents of the Company and their appointment is made
through legal procedures. The aforementioned personnel have no circumstances
that are prohibited by applicable laws regulations the Company’s constitutional
documents regulatory authorities or part-time employers (if any) with respect to
102 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
their tenure or concurrent positions.
3. In the past five years neither the Company nor its directors and senior
management personnel have been subject to any administrative penalties (except
those obviously unrelated to the securities market) or criminal penalties nor have
they been involved in any major civil litigation or arbitration related to economic
disputes. As of the date of this commitment letter the Company has no pending or
potential major litigation arbitration or administrative penalties at home or
abroad.
4. In the past five years the Company and its directors and senior management
personnel have maintained a good credit standing with no defaults on large debts
failure to fulfill commitments administrative regulatory measures imposed by
securities regulatory authorities disciplinary sanctions by stock exchanges
inclusion in the list of joint disciplinary targets or dishonest persons subject to
enforcement or serious securities market misconduct. There are no circumstances
that harm the legitimate rights and interests of investors or the public interest.
5. The Company and its directors and senior management personnel do not fall
under any of the following circumstances: (1) being publicly reprimanded by a
stock exchange at home or abroad in the past year; (2) being subject to case-filing
investigation by judicial authorities at home or abroad on suspicion of a crime or
being subject to investigation by securities regulatory authorities at home or
abroad on suspicion of violating laws or regulations; (3) being subject to measures
such as being identified as an inappropriate person having business activities
restricted or being banned from the securities market by securities regulatory
authorities at home or abroad with such measures still in effect; (4) being subject
to measures such as the stock exchange or other legally approved national
securities trading venues refusing to accept relevant documents issued by them
within a certain period publicly determining that they are unfit to serve as
103 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
directors supervisors or senior management personnel or being identified by
securities associations as unfit to engage in relevant businesses with such
measures still in effect; (5) having committed major illegal acts being suspected
of major illegal acts or being subject to major administrative penalties with
serious circumstances in the past three years.
6. If the Company violates any of the above commitments it shall bear
corresponding legal liabilities in accordance with the law.Statement and Commitment on No Insider Trading and Confidentiality
1. Neither the Company nor its directors supervisors senior management
personnel controlling shareholders actual controllers nor the enterprises
controlled by the aforementioned entities shall be subject to the circumstances
specified in Article 12 of the Regulatory Guidelines for Listed Companies on
Abnormal Trading Related to Major Asset Restructurings. Specifically there shall
be no case-filing investigation or investigation by judicial authorities or securities
regulatory authorities at home or abroad due to suspected insider trading in
connection with this transaction and no administrative penalties or criminal
liability shall be imposed by the CSRC or judicial authorities for insider trading
related to major asset restructurings in the past thirty-six months.
2. Neither the Company nor its directors supervisors senior management
personnel controlling shareholders actual controllers nor the enterprises
controlled by the aforementioned entities shall have the act of illegally disclosing
inside information related to this transaction using such inside information for
insider trading or failing to keep the information confidential. The Company shall
take necessary measures to strictly keep confidential all materials and information
involved in this transaction.
3. The Company and its directors supervisors and senior management personnel
shall strictly perform their confidentiality obligations with respect to the
104 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
information related to this transaction prior to its legal disclosure strictly control
the scope of insiders of inside information in this transaction and adopt sufficient
and necessary confidentiality measures.
4. The Company and its directors supervisors and senior management personnel
attach great importance to the management of inside information cooperate with
the listed company to strictly control the scope of insiders and fill in the insider
registration form.
5. The Company has repeatedly reminded and informed the relevant insiders of
their confidentiality obligations and responsibilities and prohibited them from
trading the securities of the listed company disclosing inside information or
advising others to trade the securities of the listed company prior to the public
disclosure of inside information.
6. If the Company violates any of the above statements and commitments it shall
bear corresponding legal liabilities in accordance with the law.Statement and Commitment on No Affiliated Relationship with the Listed
Company
1. As of the date of issuance of this statement and commitment letter there is no
affiliated relationship between the Company the enterprises controlled by the
Company the enterprises controlling the Company and the listed company its
controlling shareholders actual controllers directors supervisors senior
management personnel and the enterprises controlled by the aforementioned
entities of the listed company. The Company does not hold any shares of the listed
company directly or indirectly in any form nor does it recommend directors
supervisors or senior management personnel to the listed company.
2. If there is any change in the above circumstances the Company shall promptly
inform the listed company.
3. The contents of this statement and commitment letter are true accurate and
105 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
complete. If there are any false records misleading statements or material
omissions the Company shall bear corresponding legal liabilities.Commitment Letter on the Source of Funds for the Transaction
1. The funds used by the Company to pay the consideration for this transaction
(the "Acquisition Funds") are derived from the Company’s own funds and/or
funds raised through legal means. The source of the Acquisition Funds is legal and
compliant and the funds will be in place in a timely manner. There is no
circumstance where the Acquisition Funds are directly or indirectly derived from
the listed company no circumstance where the listed company provides
guarantees for the Company’s financing (if any) related to the Acquisition
Funds no relevant arrangements for short-term debt repayment caused by the
Acquisition Funds no circumstance where the listed company directly or through
related parties provides financial assistance or compensation to the Company and
its investors and no arrangement for paying the Acquisition Funds on behalf of
other third parties or holding the equity of the target company involved in this
transaction on behalf of others.
2. The Company warrants that the above contents are true accurate and complete
without any false records misleading statements or material omissions. If the
Company violates the above statements and commitments it shall bear
corresponding legal liabilities in accordance with the law.Commitments
made in IPO or
refinancing
Commitments
related to equity
incentives
106 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Cause of Parties of Types of Date of the making Term of Fulfilment of
Contents of Commitments
Commitments Commitments Commitments of Commitments Commitments Commitments
Commitments
made to minority
shareholders of
the Company
Other
Commitments
Whether the
Commitments
Yes
were timely
performed
Where the
Company failed
to fulfill a
commitment on
time it shall
Not applicable
explain in detail
the reasons for
failing to do so
and the
subsequent plan
107 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
II Occupation of the Company’s Capital by the Controlling Shareholder or Other Related
Parties for Non-Operating Purposes
□Applicable□ Not applicable
No such cases in the Reporting Period.III Irregularities in Provision of Guarantees
□Applicable□ Not applicable
No such cases in the Reporting Period.IV Engagement and Disengagement of Independent Auditor
Whether the semi-annual financial report was audited.□ Yes √ No
The semi-annual financial report was not audited.V Explanations Given by the Board of Directors Regarding the Independent Auditor's
“Modified Opinion” on the Financial Statements of the Reporting Period
□Applicable□ Not applicable
VI Explanations Given by the Board of Directors Regarding “Modified Opinion” on the
Financial Statements of Last Year
□Applicable□ Not applicable
VII Insolvency and Reorganization
□Applicable□ Not applicable
No such cases in the Reporting Period.VIII Legal Matters
Significant Legal Matters
□ Applicable□ Not applicable
No such cases in the Reporting Period.
108 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Other Legal Matter
□ Applicable□ Not applicable
IX Punishments and Rectifications
□Applicable□ Not applicable
No such cases in the Reporting Period.X Credit Quality of the Company as well as Its Controlling Shareholder and Actual
Controller
□Applicable□ Not applicable
XI Significant Related-Party Transactions
1. Continuing Related-Party Transactions
□Applicable□ Not applicable
No such cases in the Reporting Period.
2. Related-Party Transactions Regarding Purchase or Sales of Assets or Equity Investments
□Applicable□ Not applicable
No such cases in the Reporting Period.
3. Related-Party Transactions Regarding Joint Investments in Third Parties
□Applicable□ Not applicable
No such cases in the Reporting Period.
4. Amounts Due to and from Related Parties
□Applicable□ Not applicable
No such cases in the Reporting Period.
5. Transactions with Related Financial Companies
□Applicable□ Not applicable
109 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
No such cases in the Reporting Period.
6. Transactions between the finance company controlled by the company and related parties
□Applicable□ Not applicable
No such cases in the Reporting Period.
7. Other Significant Related-Party Transactions
□Applicable□ Not applicable
No such cases in the Reporting Period.XII Significant Contracts and Execution thereof
1. Entrustment Contracting and Leases
(1) Entrustment
□ Applicable□ Not applicable
No such cases in the Reporting Period.
(2) Contracting
□ Applicable□ Not applicable
No such cases in the Reporting Period.
(3) Leases
□ Applicable□ Not applicable
No such cases in the Reporting Period.
2. Significant Guarantees
□Applicable □ Not applicable
Guarantees provided by the Company as the parent and its subsidiaries for external parties (exclusive of those for subsidiaries)
Disclosure
Guarantee
date of the
Actual Actual Counter- Having for a
guarantee Line of Type of Security Term of
Obligor occurrenc guarantee guarantees expired related
line guarantee guarantee (if any) guarantee
e date amount (if any) or not party or
announceme
not
nt
110 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Guarantees provided by the Company as the parent for its subsidiaries
Disclosure
Guarantee
date of the
Actual Actual Counter- Having for a
guarantee Line of Type of Security Term of
Obligor occurrenc guarantee guarantees expired related
line guarantee guarantee (if any) guarantee
e date amount (if any) or not party or
announceme
not
nt
From the
effective
date of the
No more security
RMB
Tiru?a than RMB 2024-04- Joint agreement
2024-03-28 61.9427 None None Yes No
Asia 100 28 liability until three
million
million years after
the
maturity
of the loan
Total approved line for Total actual amount of
such guarantees in the 0 such guarantees in the RMB 61.9427 million
Reporting Period (B1) Reporting Period (B2)
Total approved line for Total actual balance of
such guarantees at the end No more than RMB 100 such guarantees at the
0n
of the Reporting Period million end of the Reporting
(B3) Period (B4)
Guarantees provided between subsidiaries
Disclosure
Guarantee
date of the
Actual Actual Counter- Having for a
guarantee Line of Type of Security Term of
Obligor occurrenc guarantee guarantees expired related
line guarantee guarantee (if any) guarantee
e date amount (if any) or not party or
announceme
not
nt
Two years
from the
date of
Parsun
expiration
Power
No more of the debt
Technolog RMB
than RMB 15 May Joint performan
y 2025-04-26 60.00 None None No No
300 2025 liability ce period
Baisheng million
million stipulated
Internatio
in the
nal
relevant
credit
agreement
Total approved line for Total actual amount of
such guarantees in the 0 such guarantees in the RMB 60.00 million
Reporting Period (C1) Reporting Period (C2)
Total approved line for Total actual balance of
such guarantees at the end No more than RMB 300 such guarantees at the
RMB60.00 million
of the Reporting Period million end of the Reporting
(C3) Period (C4)
Total guarantee amount (total of the three kinds of guarantees above)
Total actual guarantee
Total guarantee line 0 amounts in the RMB 121.9427 million
approved in the Reporting
Reporting Period
111 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Period (A1+B1+C1) (A2+B2+C2)
Total approved guarantee Total actual guarantee
line at the end of the No more than RMB 400 balance at the end of the
RMB 60.00 million
Reporting Period million Reporting Period
(A3+B3+C3) (A4+B4+C4)
Total actual guarantee amount (A4+B4+C4) as % of the Company’s net assets 0.63%
Of which:
Balance of guarantees provided for shareholders the actual controller and their
0
related parties (D)
Balance of debt guarantees provided directly or indirectly for obligors with an
0
over 70% debt/asset ratio (E)
Amount by which the total guarantee amount exceeds 50% of the Company’s net
0
assets (F)
Total of the three amounts above (D+E+F) 0
Joint liability possibly borne or already borne in the Reporting Period for
N/A
outstanding guarantees (if any)
Guarantees provided in breach of prescribed procedures (if any) N/A
Note:
In the “Announcement on the Completion of the Closing of a Major Asset Sale” disclosed by Dongfang Precision on April 14 2026
it was clearly stated that as of the closing date the bank loan guarantee provided by Dongfang Precision to Tiru?a Asia had been
released.
3. Cash Entrusted for Wealth Management
□Applicable □ Not applicable
Unit: RMB’0000
Balance of Entrusted Wealth
Type Risk Characteristics Management Products during Uncollected Overdue Amount
the Reporting Period
Bank’s wealth management 3200.00
R2 0
product
Securities firm’s wealth 9805.83
R2、R3 0
management product
Mutual fund products R2、R3 149149.70 0
Private equity fund products R2、R3 10800.00 0
Trust product R3 22558.62 358.62
Specific circumstances where the Company as the sole principal entrusts financial institutions to conduct asset management or
invests in high-risk entrusted wealth management products with low security and poor liquidity.:
□ Applicable √ Not applicable
4. Other Significant Contracts
□Applicable□ Not applicable
No such cases in the Reporting Period.
112 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
XIII Communications with the Investment Community such as Researches Inquiries and
Interviews
√ Applicable □ Not applicable
113 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Main Topics
Index of Basic
Reception Reception Types of Discussed and
Office Hours Recipients of the Reception Information on
Location Arrangements Visitors Information
the Survey
Provided
SDIC Securities Founder Securities
CITIC Securities CITIC Securities Present on the
Co. Ltd. Tianfeng Securities; China implementation of
Merchants Fund Pengying (Hainan) the company’s
Fund Guangzhou Falcon Asset technology
Management Hainan Yinzhihai transformation
Investment Shanghai Fulele strategy the
Investment Tianyanlun (Shenzhen) development of its
Company Investment Shenzhen Qianhai embodied cninfo.com
Institute
May 15 2026 Conferen Field Research Hongwei Chuangshi Capital intelligent robotics
s http://www.cnin
ce Room Management Shichuan International business and the fo.com.cn
Investment Shenyang Shengshi future development
Mingchen Enterprise Management plans and outlook
Center; China Securities Journal for the company’s
Securities Daily Securities Times core businesses
Shanghai Securities News Cailian and answer
Press National Business Daily 21st questions from
Century Business Herald Titan investors.Media Time Weekly etc.XIV Other Significant Events
□Applicable□ Not applicable
XV Significant Events of Subsidiaries
□Applicable□ Not applicable
114 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Part VI Share Changes and Shareholder Information
I Share Changes
1. Share Changes
Unit: share
Before Increase/decrease in the period (+/-) After
Shares Shares as
as dividend
Percentage New dividend converted Percentage
Shares Other Subtotal Shares
(%) issues converte from (%)
d from capital
profit reserves
1. Restricted
21538315517.69%000-2059647-205964721332350817.52%
shares
1.1 Shares
held by the 0 0.00% 0 0 0 0 0 0 0.00%
government
1.2 Shares
held by state-
00.00%0000000.00%
owned
corporations
1.3 Shares
held by other
21538315517.69%000-2059647-205964721332350817.52%
domestic
investors
Including:
Shares held by
00.00%0000000.00%
domestic
corporations
Shares held
by domestic 215383155 17.69% 0 0 0 -2059647 -2059647 213323508 17.52%
individuals
1.4 Shares
held by overseas 0 0.00% 0 0 0 0 0 0 0.00%
investors
Including:
Shares held by
00.00%0000000.00%
overseas
corporations
Shares held
by overseas 0 0.00% 0 0 0 0 0 0 0.00%
individuals
2. Unrestricted
100190318582.31%00020592152059215100396240082.48%
shares
2.1 RMB- 1001903185 82.31% 0 0 0 2059215 2059215 1003962400 82.48%
denominated
115 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
ordinary shares
2.2
Domestically
00.00%0000000.00%
listed foreign
shares
2.3 Overseas
listed foreign 0 0.00% 0 0 0 0 0 0 0.00%
shares
2.4 Others 0 0.00% 0 0 0 0 0 0 0.00%
3. Total shares 1217286340 100.00% 0 0 0 -432 -432 1217285908 100.00%
Reasons for share changes:
□Applicable □ Not applicable
1.Cancellation of Repurchased SharesOn June 27 2026 the Company issued the “Announcement on the Completion of Share Repurchase andCancellation and Changes in Shareholding.” Following approval by the Company’s shareholders’ meeting and
board of directors the Company completed the cancellation of 432 repurchased shares held in the Company’s
special securities account for share repurchases through the Shenzhen Stock Exchange and the Shenzhen Branch
of China Securities Depository and Clearing Corporation Limited. Upon completion of the cancellation of the
aforementioned shares the Company’s total issued share capital was reduced by 432 shares.
2. Changes in Restricted shares of senior management
In early 2026 China Securities Depository and Clearing Corporation Ltd. calculated the transferable quota
for the Company’s shares held in 2026 based on the total number of shares held by all directors and senior
executives as of the share quota determination date (December 31 2025). Following this calculation 1835100
shares were released from the lock-up period in early 2026.During the reporting period the lock-up ratio for shares held by former director Xie Weiwei and former
supervisor He Baohua (who resigned in September 2025) was reduced from 100% to 75% (with 25% of their
shares becoming unlocked six months after the date of their resignation) resulting in a total of 294522 shares
being released from the lock-up period;
75% of the shares held by former independent director Liu Da (who resigned in September 2024; his term as
determined at the time of his appointment was set to expire in November 2026) have been restricted resulting in
an increase of 69975 restricted shares.Approval of Share Changes
□Applicable □ Not applicable
In the Reporting Period share changes related to the company's cancellation of repurchased shares the Company
followed the applicable laws and regulations and its Articles of Association executed the approval procedures with the general
meeting and the Board of Directors and obtained approval from the Shenzhen Stock Exchange.Transfer of share ownership:
□Applicable □ Not applicable
In the Reporting Period transfer of shares related to the cancellation of certain repurchased shares by the
company the Company completed the transfers with the Shenzhen branch of China Securities Depository and Clearing Co. Ltd.after they were approved by the Shenzhen Stock Exchange.
116 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Progress of implementation of share buyback
□Applicable□ Not applicable
Progress on reducing the repurchased shares by way of centralized bidding:
□Applicable□ Not applicable
Effects of share changes on the basic earnings per share diluted earnings per share equity per share
attributable to the Company’s ordinary shareholders and other financial indicators of the prior year and
the prior accounting period respectively:
□Applicable□ Not applicable
Other information that the Company considers necessary or is required by the securities regulator to be
disclosed:
□Applicable□ Not applicable
117 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
2. Changes in Restricted Shares
□Applicable □ Not applicable
Unit: share
Opening restricted Increase in restricted
Shareholder Unlocked in the period Closing restricted shares Reason for restriction Date of unlocking
shares shares in the period
196068276 1940100 0 194128176 Restricted shares of senior
Tang Zhuolin 2026-01-05
management
614088 153522 0 460566 Restricted shares of senior
He Baohua 2026-03-31
management
564000 141000 0 423000 Restricted shares of senior
Xie Weiwei 2026-03-31
management
0 0 69975 69975 Restricted shares of senior
Liu Da --
management
0 0 105000 105000 Restricted shares of senior
Feng Jia --
management
Total 197246364 2234622 174975 195186717 -- --
II Issuance and Listing of Securities
□ Applicable□ Not applicable
III Shareholders and Their Shareholdings
Unit: share
Number of preference shareholders with resumed voting
Number of ordinary shareholders at the period-end 119223 0
rights at the period-end (if any) (see note 8)
5% or greater ordinary shareholders or top 10 ordinary shareholders
Name of shareholder Nature of shareholder Shareholding Total ordinary Increase/decrease Restricted ordinary Unrestricted Shares in pledge marked or frozen
118 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
percentage shares held at the in the Reporting shares held ordinary
period-end Period shares held Status Shares
Tang Zhuolin Domestic individual 21.26% 258837568 0 194128176 64709392 In pledge 37290000
Tang Zhuomian Domestic individual 7.96% 96885134 0 0 96885134 -- 0
Qiu Yezhi Domestic individual 1.92% 23382388 0 17536791 5845597 -- 0
Huang Min Domestic individual 1.10% 13360780 13360780 0 13360780 -- 0
Luo Wenhua Domestic individual 1.06% 12846400 12846400 0 12846400 -- 0
Guangdong Dongfang
Precision Science &
Technology Co. Ltd. - 2024 Others 1.05% 12798000 -8532000 0 12798000 -- 0
Employee Stock Ownership
Plan
Wang Shichen Domestic individual 0.58% 7109100 7109100 0 7109100 -- 0
Sun Xiaotian Domestic individual 0.57% 6987106 6987106 0 6987106 -- 0
Sun Pengyuan Domestic individual 0.56% 6846300 4718500 0 6846300 -- 0
Hong Kong Securities Overseas
0.54%6631612-139178306631612--0
Clearing Company Limited corporation
Strategic investor or general corporation becoming a
top-10 ordinary shareholder in a rights issue (if any) None
(see note 3)
Related or acting-in-concert parties among the Mr. Tang Zhuolin and Mr. Tang Zhuomian are brothers. On 18 August 2010 they signed the Agreement on Acting in Concert.shareholders above
The holders of the Guangdong Dongfang Precision Science & Technology Co. Ltd. - 2024 Employee Stock Ownership Plan as a whole waive
Above shareholders entrusting or entrusted with the shareholder voting rights enjoyed by virtue of holding the underlying stocks through participation in this employee stock ownership plan
voting rights or waiving voting rights while retaining other shareholder rights (including rights to asset returns such as dividend rights rights to subscribe for new shares and rights to
convert capital reserve into share capital).Top 10 shareholders including the special account of
There are no special account among the top 10 shareholders.repurchased shares (if any) (see note 11)
119 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Top 10 unrestricted ordinary shareholders
Shares by type
Name of shareholder Unrestricted ordinary shares held at the period-end
Type Shares
RMB-denominated
Tang Zhuomian 96885134 96885134
ordinary stock
RMB-denominated
Tang Zhuolin 64709392 64709392
ordinary stock
RMB-denominated
Huang Min 13360780 13360780
ordinary stock
RMB-denominated
Luo Wenhua 12846400 12846400
ordinary stock
Guangdong Dongfang Precision Science &
RMB-denominated
Technology Co. Ltd. - 2024 Employee Stock 12798000 12798000
ordinary stock
Ownership Plan
RMB-denominated
Wang Shichen 7109100 7109100
ordinary stock
RMB-denominated
Sun Xiaotian 6987106 6987106
ordinary stock
RMB-denominated
Sun Pengyuan 6846300 6846300
ordinary stock
RMB-denominated
Hong Kong Securities Clearing Company Limited 6631612 6631612
ordinary stock
RMB-denominated
Qiu Yezhi 5845597 5845597
ordinary stock
Related or acting-in-concert parties among top 10
unrestricted ordinary shareholders as well as between
Mr. Tang Zhuolin and Mr. Tang Zhuomian are brothers. On 18 August 2010 they signed the Agreement on Acting in Concert.top 10 unrestricted ordinary shareholders and top 10
ordinary shareholders
Huang Min holds 13360780 shares through a margin trading collateral securities account with Cinda Securities Co. Ltd.;
Description of the participation of the top 10 common Luo Wenhua holds 11445100 shares through a margin trading securities account with China Merchants Securities Co. Ltd.;
shareholders in the financing and securities financing Sun Xiaotian holds 6987106 shares through a margin trading collateral securities account with Xinda Securities Co. Ltd.;
business (if any) Sun Pengyuan holds 5299700 shares through a margin trading collateral securities account with Everbright Securities Co. Ltd.;
Wang Shichen holds 5233900 shares through a margin trading securities account with SDIC Securities Co. Ltd.
120 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd Semi-Annual Report 2026
Top 10 shareholders involved in refinancing shares lending:
□ Applicable √ Not applicable
Changes in top 10 shareholders compared with the prior period:
□ Applicable √ Not applicable
Indicate whether any of the top 10 ordinary shareholders or the top 10 unrestricted ordinary shareholders of the Company conducted
any promissory repo during the Reporting Period.□ Yes□ No
No such cases in the Reporting Period
IV Changes in the Shareholdings of Directors and Senior Management
□Applicable □Not applicable
There were no changes in the shareholdings of the Company’s directors and senior management during the
reporting period; please refer to the 2025 Annual Report for details.V Changes of the Company’s Controlling Shareholder and Actual Controller
Controlling Shareholder changed during the Reporting Period
□ Applicable□ Not applicable
No such cases in the Reporting Period.Actual Controller changed during the Reporting Period
□ Applicable□ Not applicable
No such cases in the Reporting Period.VI Preference Shares
□Applicable□ Not applicable
No preference shares in the Reporting Period.
121 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Annual Report 2025
Part VII Corporate Bonds
□Applicable √ Not applicable
122 / 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Part VIII Corporate Financial Statements
I Auditor’s Report
Whether the semi-annual financial statements were audited.□ Yes□ No
The semi-annual financial statements were not audited.II Financial Statements
Currency unit for the tables in the notes to the financial statements: RMB yuan
1. Consolidated Balance Sheet
Prepared by: Guangdong Dongfang Precision Science & Technology Co. Ltd.
30 June 2026
Unit: RMB yuan
Item 30 June 2026 31 December 2025
Current assets:
Cash and bank balances 6493685956.28 2078919027.45
Settlement provisions 0.00
Dismantling funds 0.00
Financial assets held for trading 2205243932.05 766554477.49
Derivative financial assets 56925.08 101000.75
Notes receivable 21600342.19 48393159.64
Accounts receivable 249279926.65 952021236.78
Receivable financing 9252829.33 19403276.39
Prepayments 22215847.50 37409930.97
Premium receivable 0.00
Receivable reinsurance account 0.00
Page 123 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Provision for reinsurance contract
0.00
receivable
Other receivables 11563941.51 31895695.08
Including: Interest receivable 0.00
Dividend receivable 0.00
Buy back resale financial assets 0.00
Inventories 446726872.32 1119277121.91
Of which Data Resources 0.00
Contract assets 28691700.28 64541120.93
Assets held for sale 0.00
Current portion of non-current
5655062.3024277934.25
assets
Other current assets 52239060.24 114363170.02
Total current assets 9546212395.73 5257157151.66
Non-current assets:
Loans and advances 0.00
Debt investment 0.00
Other debt investments 0.00
Long-term receivables 2508508.80 6212768.80
Long-term equity investment 289388342.68 302857592.30
Investment in other equity
0.00
instruments
Other non-current financial assets 906447128.50 817347878.10
Real estate investment 0.00
Fixed assets 562689997.78 1084142895.08
Construction in progress 76731186.24 195841811.75
Productive biological assets 0.00
Oil and gas asset 0.00
Right-of-use assets 15033718.19 69324297.36
Page 124 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Intangible assets 105764882.34 366942495.27
Of which Data Resources 0.00
Development expenditure 0.00
Of which Data Resources 0.00
Goodwill 210902907.38 394318371.23
Long-term prepaid expenses 45315637.55 19601435.75
Deferred tax assets 3899591.60 180645019.96
Other non-current assets 35555383.69 29582694.40
Total non-current assets 2254237284.75 3466817260.00
Total assets 11800449680.48 8723974411.66
Current liabilities:
Short-term borrowings 98707300.00 185516009.83
Borrowing from the Central Bank 0.00
Borrowed funds 0.00
Financial liabilities held for trading 0.00
Derivative financial liabilities 42027.78 93783840.98
Notes payable 238360751.76 241390245.31
Accounts payable 386113800.50 936107613.22
Advance receivables 0.00
Contract liabilities 181926384.72 458557878.31
Selling back financial assets 0.00
Deposits and Interbank deposit 0.00
Agent trading securities 0.00
Agent underwriting securities 0.00
Employee benefits payable 45956301.53 163568530.12
Tax payable 122466157.85 46227078.24
Other payables 115090430.60 113131531.51
Including: Interest payable 0.00
Dividend payable 895860.00 0.00
Page 125 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Fees and commissions 0.00
Reinsurance accounts payable 0.00
Liabilities held for sale 0.00
Current portion of non-current
26277008.1493012483.04
liabilities
Other current liabilities 19191260.77 47297085.80
Total current liabilities 1234131423.65 2378592296.36
Non-current liabilities:
Insurance contract reserve 0.00
Long-term borrowings 10030605.62 110985297.60
Bonds payable 0.00
Including: Preference Shares 0.00
Perpetual bonds 0.00
Lease liabilities 4234440.89 53367241.87
Long-term payables 0.00
Long-term employee benefits
3648616.3513689047.85
payable
Provisions 279548.42 113899182.15
Deferred income 12215341.66 13073671.66
Deferred tax liabilities 781700942.13 2960791.33
Other non-current liabilities 4085660.89 4489204.26
Total non-current liabilities 816195155.96 312464436.72
Total Liabilities 2050326579.61 2691056733.08
Equity:
Share capital 1217285908.00 1217286340.00
Other equity instruments 0.00
Including: Preference Shares 0.00
Perpetual bonds 0.00
Capital surplus 2950316210.19 2970559555.17
Page 126 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Less: Treasury stock 71214679.55 115233041.40
Other comprehensive income -166713312.74 105828969.82
Special reserve 13317304.92 19695621.80
Surplus reserves 178337780.10 77653941.80
General risk preparation 0.00
Retained earnings 5354597574.87 1498026493.81
Total equity attributable to owners of the
9475926785.795773817881.00
parent
Non-controlling interests 274196315.08 259099797.58
Total equity 9750123100.87 6032917678.58
Total liabilities and equity 11800449680.48 8723974411.66
Legal representative: Tang Zhuolin Chief in charge of accounting work: Shao Yongfeng Head of accounting institution: Shao
Yongfeng
2. Parent Company Balance Sheet
Unit: RMB yuan
Item 30 June 2026 31 December 2025
Current assets:
Cash and bank balances 1991447750.61 643401662.63
Financial assets held for trading 573176400.54 565880862.32
Derivative financial assets 0.00
Notes receivable 14179842.25 9552369.54
Accounts receivable 167417899.39 252268813.09
Receivable financing 2959729.56 9443762.10
Prepayments 6452559.61 3749452.16
Other receivables 385234323.46 497240689.48
Including: Interest receivable 0.00
Dividend receivable 20054612.16 186077102.15
Inventories 127509591.18 116995885.89
Page 127 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Of which Data Resources
Contract assets 20500154.64 22397280.63
Assets held for sale 0.00
Current portion of non-current
5655062.308368000.00
assets
Other current assets 2047039.30 289870.16
Total current assets 3296580352.84 2129588648.00
Non-current assets:
Debt investment 0.00
Other debt investments 0.00
Long-term receivables 2508508.80 4580755.20
Long-term equity investment 1034063657.69 1165593852.19
Investment in other equity
0.00
instruments
Other non-current financial assets 686236439.10 506336188.59
Real estate investment 0.00
Fixed assets 285226337.59 268972286.52
Construction in progress 75392337.50 75392337.50
Productive biological assets 0.00
Oil and gas asset 0.00
Right-of-use assets 4930100.16 2873321.59
Intangible assets 55173048.04 57137335.21
Of which Data Resources 0.00
Development expenditure 0.00
Of which Data Resources
Goodwill 0.00
Long-term prepaid expenses 3190078.34 2074594.65
Deferred tax assets 121001418.46
Other non-current assets 8551981.17 5262840.00
Page 128 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Total non-current assets 2155272488.39 2209224929.91
Total assets 5451852841.23 4338813577.91
Current liabilities:
Short-term loan 55800000.00 134500000.00
Financial liabilities held for trading 0.00
Derivative financial liabilities 0.00
Notes payable 64388652.09 45620446.78
Accounts payable 56760925.25 69438714.01
Advance receivables 0.00
Contract liabilities 44827719.11 30608762.32
Employee benefits payable 18043863.10 13009636.68
Tax payable 107409037.66 28290.81
Other payables 108002513.32 44048811.95
Including: Interest payable 0.00
Dividend payable 895860.00 0.00
Liabilities held for sale 0.00
Current portion of non-current
8331750.469088827.78
liabilities
Other current liabilities 9849859.97 4854800.31
Total current liabilities 473414320.96 351198290.64
Non-current liabilities:
Long-term borrowings 6696000.00 10044000.00
Bonds payable 0.00
Including: Preference Shares 0.00
Perpetual bonds 0.00
Lease liabilities 4327944.23 1615902.77
Long-term payables 0.00
Long-term employee benefits
0.00
payable
Page 129 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Provisions 279548.42 65444.68
Deferred income 12215341.66 13073671.66
Deferred tax liabilities 20561211.40 0.00
Other non-current liabilities 0.00
Total non-current liabilities 44080045.71 24799019.11
Total Liabilities 517494366.67 375997309.75
Equity:
Share capital 1217285908.00 1217286340.00
Other equity instruments 0.00
Including: Preference Shares 0.00
Perpetual bonds 0.00
Capital surplus 2673345691.60 2701606083.95
Less: Treasury stock 71214679.55 115233041.40
Other comprehensive income 0.00
Special reserve 7415696.47 7343405.71
Surplus reserves 178337780.10 77653941.80
Retained earnings 929188077.94 74159538.10
Total equity 4934358474.56 3962816268.16
Total liabilities and equity 5451852841.23 4338813577.91
3. Consolidated Income Statement
Unit: RMB yuan
Item H1 2026 H1 2025
1 Total operating revenue 1690857649.54 2158956857.88
Including: Operating revenue 1690857649.54 2158956857.88
Interest income 0.00
Premiums earned 0.00
Fee and commission income 0.00
2 Total operating cost 1593412844.30 1828531494.60
Including: Cost of sales 1294240018.44 1511618213.45
Interest expense 0.00
Page 130 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Payment of fees and commission 0.00
Surrender fund 0.00
Net indemnity expenditure 0.00
Draw the net reserve of insurance
liability contract 0.00
Policy dividend expense 0.00
Reinsurance cost 0.00
Taxes and surcharges 12131041.16 12997925.75
Selling expenses 67998120.35 81372896.12
Administrative expenses 172974077.38 188675988.67
R&D expenses 43756649.19 53511623.86
Finance costs 2312937.78 -19645153.25
Including: Interest expenses 3716297.15 5246608.14
Interest income 37528711.87 25618916.20
Add: Other income 4193145.21 10467732.86
Investment income (loss with "-" sign) 4554263429.02 145682957.38
Including: Share of profit or loss of joint
ventures and associates -1904606.82 -1762058.16
Income from derecognition of
financial assets measured at amortised cost (loss with 0.00
"-" sign)
Exchange gain (loss with "-" sign) 0.00
Net exposure hedging gain (loss with "-"
sign) 0.00
Gain/loss on changes in fair value (loss
with "-" sign) 245903522.60 9152211.19
Credit impairment loss (loss is listed with "-
" sign) -1753554.87 -3779031.08
Asset impairment loss (loss with "-" sign) -11075509.15 -9018836.80
Gain/loss on disposal of assets (loss with "-
" sign) -10305.21 -32823.11
3 Operating profit (losses are listed with "-" sign) 4888965532.84 482897573.72
Add: Non-operating income 1887701.46 1552164.28
Less: Non-operating expenses 1209408.16 1300695.51
5 Gross profit (the gross loss shall be filled in with
the sign "-") 4889643826.14 483149042.49
Less: Income tax expenses 1025762979.36 67252009.19
Net profit (net loss is listed with "-" sign) 3863880846.78 415897033.30
(1) Net profit from continuing operations
i. Net profit from continuing operations (net loss
with "-" sign) 3863880846.78 415897033.30
ii. Net profit from termination of operation (net
loss with "-" sign)
Page 131 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(2) Net profit classified by attribution of
ownership
i. Net profit attributable to owners of the parent 3846229995.51 397440989.86
ii. Net profit attributable to non-controlling
interests 17650851.27 18456043.44
6 Other comprehensive income/(loss) net of tax -204783879.64 117113291.88
Other comprehensive income/(loss) attributable
to owners of the parent net of tax -204792793.59 117185412.66
(1) Other comprehensive loss that will not
be reclassified to profit or loss 270062.55 39378.48
i. Changes caused by remeasurements
on defined benefit schemes 270062.55 39378.48
ii. Other comprehensive income that
cannot be transferred to profit or loss under the equity
method
iii. Changes in fair value of
investments in other equity instruments
iv. Fair value change of enterprise's
own credit risk
v. Other
(2) Other comprehensive income/(loss) that
will be reclassified to profit or loss -205062856.14 117146034.18
i. Other comprehensive income that
can be transferred to profit or loss under the equity
method
ii. Changes in fair value of other debt
investments
iii. The amount of financial assets
reclassified to other comprehensive income
iv. Provision for credit impairment of
other debt investments
v. Cash flow hedging reserve
vi. Differences arising from the
translation of foreign currency-denominated financial -205062856.14 117146034.18
statements
vii. Other
Other comprehensive income attributable to non-
controlling interests net of tax 8913.95 -72120.78
Total comprehensive income 3659096967.14 533010325.18
Total comprehensive income attributable to
owners of the parent 3641437201.92 514626402.52
Total comprehensive income attributable to non-
controlling interests 17659765.22 18383922.66
Page 132 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Earnings per share:
(1) Basic earnings per share 3.22 0.33
(2) Diluted earnings per share 3.20 0.33
Legal representative: Tang Zhuolin Chief in charge of accounting work: Shao Yongfeng Head of accounting institution: Shao
Yongfeng
4. Parent Company Income Statement
Unit: RMB yuan
Item H1 2026 H1 2025
1 Operating Revenue 210018766.16 153322909.97
Less: Cost of sales 118878721.81 94709822.33
Taxes and surcharges 5918405.57 7194182.20
Selling expenses 13635372.87 15584615.11
Administrative expenses 59099537.05 41929357.03
R&D expenses 11161376.79 11727590.93
Finance costs 15647546.23 -27752374.54
Including: Interest expense 1292012.73 1075740.71
Interest income 5287458.85 13829606.84
Add: other income 1649262.78 1643099.82
Investment income (loss with "-" sign) 1113378374.21 436078398.61
Including: Share of profit or loss of
joint ventures and associates -1682745.69 -1226419.87
Termination of recognition
of gains on financial assets measured at 0.00
amortised cost (loss with "-" sign)
Net exposure hedging gain (loss with "-
" sign) 0.00
Gain/loss on changes in fair value (loss
with "-" sign) 154649238.77 7373753.98
Credit impairment loss (loss is listed
with "-" sign) -201401.59 -1205400.76
Asset impairment loss (loss with "-"
sign) -7466827.77 395147.09
Gain/loss on disposal of assets (loss
with "-" sign) -43552.46 9302.82
2 Operating profit (loss shall be listed with "-"
sign) 1247642899.78 454224018.47
Add: Non-operating income 22419.38 -7496.79
Less: Non-operating expenses 26830.91 488873.09
3 Gross profit (gross loss shall be filled in with
the sign "-") 1247638488.25 453727648.59
Less: Income tax expenses 240800105.22 30152240.13
4 Net profit (net loss is listed with "-" sign) 1006838383.03 423575408.46
(1) Net profit from continuing operation (net
loss with "-" sign) 1006838383.03 423575408.46
(2) Net profit from termination of operation
(net loss with "-" sign)
Page 133 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
5 Other comprehensive income/(loss) net of tax 0.00
(1) Other comprehensive loss that will not
be reclassified to profit or loss 0.00
i. Re-measure the change in the
benefit plan
ii. Other comprehensive income
that cannot be transferred to profit or loss under
the equity method
iii. Changes in fair value of
investments in other equity instruments
iv. Fair value change of
enterprise's own credit risk
v. Other
(2) Other comprehensive income/(loss) that
will be reclassified to profit or loss 0.00
i. Other comprehensive income
that can be transferred to profit or loss under the
equity method
ii. Changes in fair value of other
debt investments
iii. The amount of financial assets
reclassified to other comprehensive income.iv. Provision for credit impairment
of other debt investments.v. Cash flow hedging reserve.vi. Differences arising from the
translation of foreign currency-denominated
financial statements
vii. Other.
6 Total comprehensive income 1006838383.03 423575408.46
7 Earnings per share:
(1) Basic earnings per share
(2) Diluted earnings per share
5. Consolidated Statement of Cash Flows
Unit: RMB yuan
Item H1 2026 H1 2025
1 Cash flows from operating activities:
Proceeds from sale of goods and
1765824789.592312363630.87
rendering of services
Net increase in customer deposits
and interbank deposits
Page 134 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Net increase in borrowing from the
central bank
Net increase in funds transferred to
other financial institutions
Cash received from the premium
of the original insurance contract
Net cash received from reinsurance
business
Net increase in depositors' deposits
and investment funds
Cash that collects interest
commission and commission
Net increase in borrowed funds
Net increase in funds for
repurchase business
Net cash received by agents
buying and selling securities
Receipts of taxes and surcharges
38755300.3732151919.02
refunds
Cash generated from other
51731410.8829608879.63
operating activities
Subtotal of cash generated from
1856311500.842374124429.52
operating activities
Payments for goods and services 1096618063.55 1290435429.19
Net increase in customer loans and
0.00
advances
Net increase in central bank and
0.00
interbank deposits
Cash to pay the indemnity of the
0.00
original insurance contract
Net increase in loan funds 0.00
Cash for the payment of interest
0.00
fees and commissions
Cash for the payment of policy
0.00
dividends
Cash payments to and on behalf of
305587614.76450685536.00
employees
Payments of all types of taxes and 74306138.43 131376866.21
Page 135 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
surcharges
Cash used in other operating
121829593.81146342126.77
activities
Subtotal of cash used in operating
1598341410.552018839958.17
activities
Net cash generated from/used in
257970090.29355284471.35
operating activities
2 Cash flows from investing activities:
Proceeds from disinvestment 4013531216.53 1839186979.20
Investment income 274109006.07 172587961.00
Net proceeds from the disposal of
fixed assets intangible assets and other 486416.86 771432.77
long-lived assets
Disposal of net cash received by
5790942499.310.00
subsidiaries and other business units
Cash generated from other
32857115.8979323058.18
investing activities
Subtotal of cash generated from
10111926254.662091869431.15
investing activities
Payments for the acquisition of
fixed assets intangible assets and other 114763829.00 109440325.73
long-lived assets
Payments for investments 5562712283.32 1352929764.12
Net increase in pledged loans 0.00
Obtain net cash paid by
0.00
subsidiaries and other business units
Cash used in other investing
28837.37114510889.33
activities
Subtotal of cash used in investing
5677504949.691576880979.18
activities
Net cash generated from/used in
4434421304.97514988451.97
investing activities
3 Cash flows from financing activities:
Absorb the cash received by the
1238339.920.00
investment
Including: the subsidiary
absorbs the cash received from the 0.00
investment of minority shareholders
Page 136 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Borrowings raised 89464200.00 125021800.96
Cash generated from other
5000000.0036583685.28
financing activities
Subtotal of cash generated from
95702539.92161605486.24
financing activities
Repayment of borrowings 167536991.38 58202558.96
Interest and dividends paid 52844314.56 219577925.19
Including: Interest and
0.00
dividends paid to minority shareholders
Cash used in other financing
8298209.7033005396.48
activities
Subtotal of cash used in financing
228679515.64310785880.63
activities
Net cash generated from/used in
-132976975.72-149180394.39
financing activities
4 Effect of foreign exchange rates
-100711897.7131161582.65
changes on cash and cash equivalents
5 Net (decrease)/increase in cash and
4458702521.83752254111.58
cash equivalents
Add: Cash and cash equivalents
1994298878.151652290548.55
beginning of the period
6 Cash and cash equivalents end of the
6453001399.982404544660.13
period
6. Parent Company Statement of Cash Flow
Unit: RMB yuan
Item H1 2026 H1 2025
1 Cash flow generated by business
activities:
Cash received from the sale of
285428351.21196330066.53
goods and the provision of services
Receipts of taxes and surcharges
6209112.275273869.47
refunds
Cash generated from other
56671445.7518078984.91
operating activities
Subtotal of cash generated from
348308909.23219682920.91
operating activities
Page 137 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Payments for goods and services 101236317.41 100488885.59
Cash payments to and on behalf of
44430781.8054354915.44
employees
Payments of all types of taxes and
12604861.4114385131.05
surcharges
Cash used in other operating
31053901.0827398404.10
activities
Subtotal of cash used in operating
189325861.70196627336.18
activities
Net cash generated from/used in
158983047.5323055584.73
operating activities
2 Cash flows from investing activities:
Proceeds from disinvestment 3424099275.28 1129098608.42
Investment income 424011884.10 463632757.83
Net proceeds from the disposal of
fixed assets intangible assets and other 602799.95 265532.09
long-lived assets
Disposal of net cash received by
1105272857.890.00
subsidiaries and other business units
Cash generated from other
56075303.3966236220.51
investing activities
Subtotal of cash generated from
5010062120.611659233118.85
investing activities
Payments for the acquisition of
fixed assets intangible assets and other 23952852.99 5324699.56
long-lived assets
Payments for investments 3666574000.00 851496204.10
Obtain net cash paid by
0.00
subsidiaries and other business units
Cash used in other investing
80404104.12
activities
Subtotal of cash used in investing
3690526852.99937225007.78
activities
Net cash generated from/used in
1319535267.62722008111.07
investing activities
3 Cash flows from financing activities:
Absorb the cash received by the
0.00
investment
Page 138 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Cash received for obtaining loans 29800000.00 70000000.00
Cash generated from other
0.00
financing activities
Subtotal of cash generated from
29800000.0070000000.00
financing activities
Repayment of borrowings 111848000.00 3848000.00
Interest and dividends paid 51516607.48 159197786.94
Cash used in other financing
703491.421224680.78
activities
Subtotal of cash used in financing
164068098.90164270467.72
activities
Net cash generated from/used in
-134268098.90-94270467.72
financing activities
4 Effect of foreign exchange rates
0.00
changes on cash and cash equivalents
5 Net (decrease)/increase in cash and
1344250216.25650793228.08
cash equivalents
Add: Cash and cash equivalents
634275998.33681128021.05
beginning of the period
6 Cash and cash equivalents end of the
1978526214.581331921249.13
period
Page 139 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
7. Consolidated Statements of Changes in Equity
Amount of current period
Unit: RMB yuan
H1 2026
Equity attributable to owners of the parent
Item Other equity instruments Other Genera Non-controlling
Less: Treasury Other Total equity
Share capital interestsPreferenc Perpetua Other Capital surplus comprehensive Special reserve Surplus reserves l Retained earnings Subtotal
stock s
e shares l bonds s income reserve
I. On 31
December 1217286340.0 2970559555.1 115233041.4 105828969.8 19695621.8 1498026493.8 5773817881.0 259099797.5 6032917678.577653941.80
070201088
2025
Add:
Adjustments
for changes in
accounting
policies
Adjustments
for correction
of previous
errors
Other
adjustments
II. On 1 1217286340.0 2970559555.1 115233041.4 105828969.8 19695621.8 1498026493.8 5773817881.0 259099797.5 6032917678.5
77653941.80
January 2026 0 7 0 2 0 1 0 8 8
Page 140 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2026
Equity attributable to owners of the parent
Item Other equity instruments Other Genera Non-controlling
Less: Treasury Other Total equity
Share capital Preferenc Perpetua Other Capital surplus comprehensive Special reserve Surplus reserves l Retained earnings Subtotal
interests
stock s
e shares l bonds s income reserve
III. Changes
for the period -- 100683838.3 3856571081.0 3702108904.7 3717205422.2
-432.00-20243344.98272542282.5-6378316.8815096517.50
(“-” for 44018361.85 0 6 9 9
6
decrease)
(I) Total
-
comprehensiv 3846229995.5 3641437201.9 3649183372.6204792793.5 7746170.73
125
e income 9
(II) Owner’s
contributions -
-432.00-27613200.1316404729.727350346.7723755076.49
and reduction 44018361.85
in capital
1. Ordinary
shares
6919284.776919284.77
increased by
owners
2. Capital
increased by
holders of
other equity
instruments
3. Share-based
16404729.7216404729.7216404729.72
payments
Page 141 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2026
Equity attributable to owners of the parent
Item Other equity instruments Other Genera Non-controlling
Less: Treasury Other Total equity
Share capital Preferenc Perpetua Other Capital surplus comprehensive Special reserve Surplus reserves l Retained earnings Subtotal
interests
stock s
e shares l bonds s income reserve
included in
equity
4. Others --432.00 -44017929.85 431062.00 431062.00
44018361.85
(III) Profit 100683838.3
-151809843.19-51126004.89-51126004.89
distribution 0
1.
Appropriation 100683838.3
-100683838.30
to surplus 0
reserves
2.
Appropriation
to general
reserve
3.
Appropriation
-51126004.89-51126004.89-51126004.89
to owners (or
shareholders)
4. Others
(IV) Transfers
within equity
1. Increase in
Page 142 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2026
Equity attributable to owners of the parent
Item Other equity instruments Other Genera Non-controlling
Less: Treasury Other Total equity
Share capital Preferenc Perpetua Other Capital surplus comprehensive Special reserve Surplus reserves l Retained earnings Subtotal
interests
stock s
e shares l bonds s income reserve
capital (or
share capital)
from capital
surplus
2. Increase in
capital (or
share capital)
from surplus
reserves
3. Surplus
reserves used
to offset loss
4. Changes in
defined
benefit
schemes
transferred to
retained
earnings
5. Other
comprehensiv
e income
Page 143 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2026
Equity attributable to owners of the parent
Item Other equity instruments Other Genera Non-controlling
Less: Treasury Other Total equity
Share capital Preferenc Perpetua Other Capital surplus comprehensive Special reserve Surplus reserves l Retained earnings Subtotal
interests
stock s
e shares l bonds s income reserve
transferred to
retained
earnings
6. Others
(V) Special
374966.39374966.39374966.39
reserve
1. Provision in
1472484.531472484.531472484.53
the period
2. Utilisation
-1097518.14-1097518.14-1097518.14
in the period
(VI) Others 7369855.15 -67749488.97 -6753283.27 162150928.74 95018011.65 95018011.65
IV. On 30 -1217285908.0 2950316210.1 13317304.9 178337780.1 5354597574.8 9475926785.7 274196315.0 9750123100.8
71214679.55166713312.7
June 2026 0 9 2 0 7 9 8 7
4
Amount of previous period
Unit: RMB yuan
H1 2025
Item Equity attributable to owners of the parent Non-controlling
Total equity
Share capital Other equity instruments Capital surplus Less: Treasury Other Special reserve Surplus reserves Genera Retained earnings Other Subtotal interests
stock comprehensive l s
Page 144 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Preferenc Perpetua Other
e shares l bonds s
I. On 31
December 1219046340.0 2818982096.5 117233041.4 18106386.7 51830974.4 4977379483.2 246964378.4 5224343861.729809317.74 956837409.23
02055910
2024
Add:
Adjustments
for changes in
accounting
policies
Adjustments
for correction
of previous
errors
Other
adjustments
II. On 1 1219046340.0 2818982096.5 117233041.4 18106386.7 51830974.4 4977379483.2 246964378.4 5224343861.7
29809317.74956837409.23
January 2025 0 2 0 5 5 9 1 0
III. Changes
for the period 117185412.6
-1760000.0016129859.95-2000000.00902287.39239193821.82373651381.82-33918698.24339732683.58
(“-” for 6
decrease)
(I) Total
comprehensiv 117185412.6 397440989.86 514626402.52 18383922.66 533010325.18
6
e income
Page 145 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2025
Equity attributable to owners of the parent
Item Other equity instruments Other Genera Non-controlling
Less: Treasury Other Total equity
Share capital Preferenc Perpetua Other Capital surplus comprehensive Special reserve Surplus reserves l Retained earnings Subtotal
interests
stock s
e shares l bonds s income reserve
(II) Owner’s
contributions
-1760000.0016129859.95-2000000.0016369859.95-52302620.90-35932760.95
and reduction
in capital
1. Ordinary
shares
increased by
owners
2. Capital
increased by
holders of
other equity
instruments
3. Share-based
payments
16129859.9516129859.9516129859.95
included in
equity
4. Others -1760000.00 -2000000.00 240000.00 -52302620.90 -52062620.90
(III) Profit
-158247168.04-158247168.04-158247168.04
distribution
1.
Page 146 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2025
Equity attributable to owners of the parent
Item Other equity instruments Other Genera Non-controlling
Less: Treasury Other Total equity
Share capital Preferenc Perpetua Other Capital surplus comprehensive Special reserve Surplus reserves l Retained earnings Subtotal
interests
stock s
e shares l bonds s income reserve
Appropriation
to surplus
reserves
2.
Appropriation
to general
reserve
3.
Appropriation
-158247168.04-158247168.04-158247168.04
to owners (or
shareholders)
4. Others
(IV) Transfers
within equity
1. Increase in
capital (or
share capital)
from capital
surplus
2. Increase in
capital (or
share capital)
Page 147 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2025
Equity attributable to owners of the parent
Item Other equity instruments Other Genera Non-controlling
Less: Treasury Other Total equity
Share capital Preferenc Perpetua Other Capital surplus comprehensive Special reserve Surplus reserves l Retained earnings Subtotal
interests
stock s
e shares l bonds s income reserve
from surplus
reserves
3. Surplus
reserves used
to offset loss
4. Changes in
defined
benefit
schemes
transferred to
retained
earnings
5. Other
comprehensiv
e income
transferred to
retained
earnings
6. Others
(V) Special
902287.39902287.39902287.39
reserve
1. Provision in 1948471.48 1948471.48 1948471.48
Page 148 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2025
Equity attributable to owners of the parent
Item Other equity instruments Other Genera Non-controlling
Less: Treasury Other Total equity
Share capital Preferenc Perpetua Other Capital surplus comprehensive Special reserve Surplus reserves l Retained earnings Subtotal
interests
stock s
e shares l bonds s income reserve
the period
2. Utilisation
-1046184.09-1046184.09-1046184.09
in the period
(VI) Others
IV. On 30 1217286340.0 2835111956.4 115233041.4 146994730.4 19008674.1 51830974.4 1196031231.0 5351030865.1 213045680.1 5564076545.2
June 2025 0 7 0 0 4 5 5 1 7 8
8. Company Statement of Changes in Equity
Amount of current period
Unit: RMB yuan
H1 2026
Other equity instruments
Item Other comprehensive
Share capital Preference Perpetual Capital surplus Less: Treasury stock Special reserve Surplus reserves Retained earnings Others Total equity
Others income
shares bonds
I. On 31 December 2025 1217286340.00 2701606083.95 115233041.40 7343405.71 77653941.80 74159538.10 3962816268.16
Add: Adjustments
for changes in accounting
policies
Adjustments
Page 149 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2026
Other equity instruments
Item Other comprehensive
Share capital Preference Perpetual Capital surplus Less: Treasury stock Special reserve Surplus reserves Retained earnings Others Total equity
Others income
shares bonds
for correction of previous
errors
Other
adjustments
II. On 1 January 2026 1217286340.00 2701606083.95 115233041.40 7343405.71 77653941.80 74159538.10 3962816268.16
III. Changes for the
-432.00-28260392.35-44018361.8572290.76100683838.30855028539.84971542206.40
period (“-” for decrease)
(I) Total comprehensive
1006838383.031006838383.03
income
(II) Owner’s
contributions and -432.00 -28260392.35 -44018361.85 15757537.50
reduction in capital
1. Ordinary shares
increased by owners
2. Capital increased by
holders of other equity
instruments
3. Share-based payments
15757537.5015757537.50
included in equity
4. Others -432.00 -44017929.85 -44018361.85
(III) Profit distribution 100683838.30 -151809843.19 -51126004.89
Page 150 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2026
Other equity instruments
Item Other comprehensive
Share capital Preference Perpetual Capital surplus Less: Treasury stock Special reserve Surplus reserves Retained earnings Others Total equity
Others income
shares bonds
1. Appropriation to
100683838.30-100683838.30
surplus reserves
2. Appropriation to
-51126004.89-51126004.89
owners (or shareholders)
3. Others
(IV) Transfers within
equity
1. Increase in capital (or
share capital) from
capital surplus
2. Increase in capital (or
share capital) from
surplus reserves
3. Surplus reserves used
to offset loss
4. Changes in defined
benefit schemes
transferred to retained
earnings
5. Other comprehensive
income transferred to
retained earnings
Page 151 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2026
Other equity instruments
Item Other comprehensive
Share capital Preference Perpetual Capital surplus Less: Treasury stock Special reserve Surplus reserves Retained earnings Others Total equity
Others income
shares bonds
6. Others
(V) Special reserve 72290.76 72290.76
1. Provision in the period 124800.00 124800.00
2. Utilisation in the
-52509.24-52509.24
period
(VI) Others
IV. On 30 June 2026 1217285908.00 2673345691.60 71214679.55 7415696.47 178337780.10 929188077.94 4934358474.56
Amount of previous period
Unit: RMB yuan
H1 2025
Other equity instruments
Item Other comprehensive
Share capital Preference Perpetual Capital surplus Less: Treasury stock Special reserve Surplus reserves Retained earnings Others Total equity
Others income
shares bonds
I. On 31 December 2024 1219046340.00 2673989321.44 117233041.40 6850427.57 51830974.45 -251255243.36 3583228778.70
Add: Adjustments
for changes in accounting
policies
Adjustments
for correction of previous
errors
Page 152 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2025
Other equity instruments
Item Other comprehensive
Share capital Preference Perpetual Capital surplus Less: Treasury stock Special reserve Surplus reserves Retained earnings Others Total equity
Others income
shares bonds
Other
adjustments
II. On 1 January 2025 1219046340.00 2673989321.44 117233041.40 6850427.57 51830974.45 -251255243.36 3583228778.70
III. Changes for the
-1760000.0015353512.51-2000000.00476038.44265328240.42281397791.37
period (“-” for decrease)
(I) Total comprehensive
423575408.46423575408.46
income
(II) Owner’s
contributions and -1760000.00 15353512.51 -2000000.00 15593512.51
reduction in capital
1. Ordinary shares
increased by owners
2. Capital increased by
holders of other equity
instruments
3. Share-based payments
15353512.5115353512.51
included in equity
4. Others -1760000.00 -2000000.00 240000.00
(III) Profit distribution -158247168.04 -158247168.04
1. Appropriation to
surplus reserves
Page 153 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2025
Other equity instruments
Item Other comprehensive
Share capital Preference Perpetual Capital surplus Less: Treasury stock Special reserve Surplus reserves Retained earnings Others Total equity
Others income
shares bonds
2. Appropriation to
-158247168.04-158247168.04
owners (or shareholders)
3. Others
(IV) Transfers within
equity
1. Increase in capital (or
share capital) from
capital surplus
2. Increase in capital (or
share capital) from
surplus reserves
3. Surplus reserves used
to offset loss
4. Changes in defined
benefit schemes
transferred to retained
earnings
5. Other comprehensive
income transferred to
retained earnings
6. Others
(V) Special reserve 476038.44 476038.44
Page 154 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
H1 2025
Other equity instruments
Item Other comprehensive
Share capital Preference Perpetual Capital surplus Less: Treasury stock Special reserve Surplus reserves Retained earnings Others Total equity
Others income
shares bonds
1. Provision in the period 569717.94 569717.94
2. Utilisation in the
-93679.50-93679.50
period
(VI) Others
IV. On 30 June 2025 1217286340.00 2689342833.95 115233041.40 7326466.01 51830974.45 14072997.06 3864626570.07
Page 155 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
III Corporate Background
Guangdong Dongfang Precision Science & Technology Co. Ltd. (the "Company") a joint stock company
with limited liability registered in Guangdong Province of the People's Republic of China and established on
9 December 1996 obtained a Business License for Enterprise Legal Person with a registration number of
440682000040868.
In August 2011 upon the approval by the China Securities Regulatory Commission (CSRC) in the Reply on
Approving the Initial Public Offering of Shares by Guangdong Dongfang Precision Science & Technology
Co. Ltd. (ZH.J.X.K. [2011] No. 1237) the Company issued Renminbi-denominated ordinary shares to the
public and was listed on the Shenzhen Stock Exchange in the same month. The Company started to use the
unified social credit code (914406002318313119) in 2016. The Company is headquartered in 2 Qiangshi
Road Shishan Town Nanhai District Foshan City Guangdong Province China.The Group's main businesses include three major business segments: smart marine equipment embodied
intelligent robotics equipment and smart packaging equipment.The actual controllers of the Company are Tang Zhuolin and Tang Zhuomian.These financial statements were authorized for issue by the Board of Directors of the Company on 24 July
2026.
IV.Basis of Preparation of the Financial StatementsThese financial statements have been prepared in accordance with China’s “Accounting Standards forBusiness Enterprises — Basic Standards” promulgated by the Ministry of Finance and the specific
accounting standards application guidance interpretations and other relevant regulations issued or
amended thereafter (hereafter collectively referred to as “Accounting Standards for Business Enterprises” or
“CAS”). In addition the financial statements also disclose relevant financial information in accordance with
the Rules No. 15 for the Preparation of Information Disclosure by Companies Offering Securities to the
Public - General Provisions on Financial Reports.The financial statements are prepared on a going concern basis.Page 156 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates
The Group has formulated specific accounting policies and accounting estimates according to the
characteristics of its actual production and operation which is mainly embodied in the provision for the bad
debt of accounts receivable provision for write-down of inventories depreciation of fixed assets provision
for product warranties capitalization conditions for expenditure on the development phase of research and
development expenses and recognition and measurement of revenue.
1. Statement of compliance
The financial statements present truly and completely the financial positions of the Group and the Company
as at 30 June 2025 and the financial performance and the cash flows for the 1st half of 2026 then ended in
accordance with Accounting Standards for Business Enterprises.
2. Accounting year
The accounting year of the Group is from 1 January to 31 December of each calendar year.
3. Functional currency
The Group’s functional currency and the currency used in preparing the financial statements were Renminbi.The amounts in the financial statements were denominated in Renminbi yuan unless otherwise stated.
4. Determination method and selection basis of materiality criteria
Materiality criteria
Significant construction in Budgeted amount for investment exceeds RMB50000000
progress
Significant cash flows from Amount exceeds RMB50000000
investing activities
Significant non-wholly owned Net assets of non-wholly owned subsidiaries account for
subsidiaries more than 10% of consolidated net assets
Significant associates The carrying amount of long-term equity investments in
associates accounts for more than 5% of the consolidated net
assets
5. Business combination
Business combinations are classified into business combinations involving entities under common control and
business combinations not involving entities under common control.Business combinations involving entities under common control
A business combination involving entities under common control is a business combination in which all of the
combining entities are ultimately controlled by the same party or parties both before and after the business
combination and that control is not transitory.Page 157 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
5. Business combination (cont’d)
Business combinations involving entities under common control (cont’d)
Assets and liabilities obtained by combining party in the business combination involving entities under common
control (including goodwill arising from the acquisition of the merged party by the ultimate controller) are
recognized on the basis of their carrying amounts at the combination date recorded on the financial statements of
the ultimate controlling party. The difference between the carrying amount of the consideration paid for the
combination (or aggregate face values of the shares issued) and the carrying amount of the net assets obtained is
adjusted to capital surplus. If the capital surplus are not sufficient to absorb the difference any excess is adjusted
to retained earnings.Business combinations not involving entities under common control
A business combination not involving entities under common control is a business combination in which all of the
combining entities are not ultimately controlled by the same party or parties both before and after the business
combination.The acquiree’s identifiable assets liabilities and contingent liabilities are recognized at their fair values at the
acquisition date. The excess of the sum of the consideration paid (or equities issued) for business combination and
equity interests in the acquiree held prior to the date of acquisition over the share of the attributable net
identifiable assets of the acquiree measured at fair value was recognized as goodwill which is subsequently
measured at cost less cumulative impairment loss. In case the fair value of the sum of the consideration paid (or
equities issued) and equity interests in the acquire held prior to the date of acquisition is less than the fair value of
the share of the attributable net identifiable assets of the acquiree a review of the measurement of the fair values
of the identifiable assets liabilities and contingent liabilities the consideration paid for the combination (or equity
issued) and the equity interests in the acquiree held prior to the date of acquisition is conducted. If the review
indicates that the fair value of the sum of the consideration paid (or equities issued) and equity interests in the
acquiree held prior to the date of acquisition is indeed less than the fair value of the share of the attributable net
identifiable assets of the acquiree the difference is recognized in profit or loss.
6. Consolidated financial statements
The consolidation scope for consolidated financial statements is determined based on the concept of control
including the Company and all subsidiaries’ financial statements. Subsidiaries are those enterprises or entities
which the Company has control over (including enterprises separable components of investee units and structured
entities controlled by the Company). An investor controls an investee when the investor is exposed or has rights
to variable returns from its involvement with the investee and has the ability to affect those returns through its
power over the investee.The financial statements of the subsidiaries are prepared for the same reporting period as the Company using
consistent accounting policies. Any inconsistent accounting policies have been adjusted to become consistent with
the Company’s accounting policies. All assets liabilities equities revenues costs and cash flows arising from
intercompany transactions are eliminated on consolidation.Page 158 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
6. Consolidated financial statements (cont’d)
The excess of current loss attributable to non-controlling shareholders of a subsidiary over their entitlements to the
opening balance of equity shall be charged to non-controlling interests.For subsidiaries obtained through a business combination not involving entities under common control the
operating results and cash flows of the acquirees will be recognized in consolidated financial statements from the
date the Group effectively obtains the control until the date that control is terminated. When consolidated financial
statement is prepared the subsidiaries’ financial statements will be adjusted based on the fair values of the
identifiable assets liabilities and contingent liabilities at the acquisition date.For subsidiaries acquired through combination of entities under common control the business results and cash
flows of the combined entities are included in the consolidated financial statements from the beginning of the
period in which the combination occurred. When preparing and comparing the consolidated financial statements
the Group makes adjustments to relevant items of the financial statements of the previous period deeming the
reporting entity formed through combination as existing since initial implementation of control by the ultimate
controlling party.In the event of the change in one or more elements of control as a result of changes in relevant facts and
conditions the Group reassesses whether it has control over the investee.If the control right is not lost the change of minority shareholders' equity shall be regarded as equity
transaction.
7. Cash and cash equivalents
Cash comprises cash on hand and deposits readily available for payments. Cash equivalents represent short-term
highly liquid investments which are readily convertible to known amounts of cash and subject to an insignificant
risk of changes in value.
8. Foreign currency translation
For foreign currency transactions the Group translates the foreign currency into its functional currency.Upon initial recognition foreign currency transactions are translated into the functional currency using the spot
exchange rate of the dates on which transactions occur. At the balance sheet date foreign currency monetary items
are translated using the spot exchange rate at the balance sheet date. The translation differences arising from the
settlement and foreign currency monetary items are recognized in profit or loss. Also at the balance sheet date
foreign currency non-monetary items measured at historical cost continue to be translated using the spot exchange
rate at the dates of the transactions and it does not change its carrying amount in functional currency. Foreign
currency non-monetary items measured at fair value are translated using the spot exchange rate. The differences
arising from the above translations are recognized in current profit or loss or other comprehensive income
according to the nature of foreign currency non-monetary items.Page 159 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
8. Foreign currency translation (cont’d)
The Group translates the functional currencies of foreign operations into Renminbi when preparing the financial
statements. Asset and liability items in the balance sheet are translated at the spot exchange rate prevailing at the
balance sheet date. Equity items except for retained earnings are translated at the spot exchange rates at the date
when such items arose. Revenue and expense items in the income statement are translated using the average
exchange rate for the periods when transactions occur. Translation differences arising from the aforesaid
translation of financial statements denominated in foreign currency shall be recognized as other comprehensive
income. When foreign operations are disposed other comprehensive income relating to the foreign operation is
transferred to current profit or loss. Partial disposal shall be recognized on a pro-rata basis.Cash flows denominated in foreign currencies and foreign subsidiaries’ cash flows are translated using the
average exchange rate for the period when cash flows occur. The impact on cash by the fluctuation of exchange
rates is presented as a separate line item of reconciliation in the statement of cash flows.
9. Financial instruments
Financial instruments refer to the contracts which give rise to a financial asset in one entity and a financial
liability or equity instrument in another entity.Recognition and derecognition of financial instruments
The Group recognizes a financial asset or a financial liability when it becomes a party to the contractual
provisions of the financial instrument.A financial asset (or part of it or a part of a group of similar financial asset) is derecognized when one of the
following criteria is met that is when a financial asset is written off from its account and balance sheet:
(1) The right of receiving the cash flow generated from the financial asset has expired;
(2) The right of receiving cash flow generated by the financial assets is transferred or an obligation of payingthe full amount of cash flow received to third parties in a timely manner has been undertaken under “pass-through” agreements where (a) substantially all risks and rewards of the ownership of such type of
financial assets have been transferred or (b) control over such type of financial assets has not been
retained even though substantially all risks and rewards of the ownership of such type of financial assets
have been neither transferred nor retained.If the obligation of financial liability has been fulfilled cancelled or expired the financial liability is
derecognized. If the present financial liability is substituted by the same debtee with another liability differing in
substance or the terms of the present liability have been substantially modified this substitution or modification is
treated as derecognition of a present liability and recognition of a new liability with any arising differences
recognized in profit or loss.Conventional dealings in financial assets are recognized or derecognized under the trade day accounting method.Conventional dealings refer to the receipt or delivery of financial assets within periods stipulated by the law and
according to usual practices. The trade day is the date on which the Group undertakes to buy or sell a financial
asset.Page 160 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
9. Financial instruments (cont’d)
Classification and measurement of financial assets
At initial recognition the Group classifies its financial assets into: financial assets at fair value through profit or
loss financial assets at amortized cost or financial assets at fair value through other comprehensive income
according to the Group’s business model for managing financial assets and the contract cash flow characteristics
of the financial assets. When and only when the Group changes its business model of managing financial assets
all relevant financial assets affected will be re-classified.Financial assets are measured at fair value on initial recognition but if the accounts receivable or notes receivable
generated from the sales of goods or provision of services do not contain significant financing components or do
not consider financing components of no longer than one year the initial measurement will be based on the
transaction price.For financial assets at fair value through profit or loss the relevant transaction costs are directly recognized in
profit or loss; for other financial assets the relevant transaction costs are recognized in their initial recognition
amount.The subsequent measurement of financial assets is dependent on its classification:
Debt instruments measured at amortized cost
Financial assets fulfilling all of the following conditions are classified as financial assets at amortized cost: the
objective of the Group’s business management model in respect of such type of financial assets is to generate
contract cash flow; the contract terms of such type of financial assets provide that cash flow generated on specific
dates represents interest payment in relation to principal amounts based on outstanding principal amounts only.Interest income from such type of financial assets are recognized using the effective interest rate method and any
profit or loss arising from derecognition amendments or impairment shall be charged to current profit or loss.Debt instruments at fair value through other comprehensive income
Financial assets fulfilling all of the following conditions are classified as financial assets at fair value through
other comprehensive income: the objective of the Group’s business management model in respect of such type of
financial assets is both to generate contract cash flow and to sell such type of financial assets; the contract terms of
such type of financial assets provide that cash flow generated on specific dates represents interest payment in
relation to principal amounts based on outstanding principal amounts only. Interest income from this type of
financial assets is recognized using the effective interest rate method. Other than interest income impairment loss
and exchange differences which shall be recognized as current profit or loss other fair value changes shall be
included in other comprehensive income. Upon derecognition of the financial assets the cumulative gains or
losses previously included in other comprehensive income shall be transferred from other comprehensive income
to current profit or loss.Financial assets at fair value through profit or loss
Other than financial assets measured at amortized cost and financial assets at fair value through other
comprehensive income as aforementioned all financial assets are classified as financial assets at fair value
through profit or loss which are subsequently measured at fair value any changes of which are recognized in
current profit or loss.Page 161 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
9. Financial instruments (cont’d)
Classification and measurement of financial liabilities
The Group classifies its financial liabilities at initial recognition: financial liabilities at fair value through profit or
loss and other financial liabilities. For financial liabilities at fair value through profit or loss the relevant
transaction costs are directly recognized in profit or loss; for other financial liabilities the relevant transaction
costs are recognized in their initial recognition amount.The subsequent measurement of financial liabilities is dependent on its classification:
Financial liabilities at fair value through profit or loss
Financial liabilities at fair value through profit or loss include mainly financial liabilities held for
trading(comprising derivatives classified as financial liabilities). Financial liabilities held for trading (comprising
derivatives classified as financial liabilities) are subsequently measured at fair value and all changes are
recognized in current profit or loss.Other financial liabilities
Subsequent to initial recognition these financial liabilities are carried at amortized cost using the effective interest
method.Impairment of financial instruments
Methods for determining expected credit losses and accounting treatment methods
The Group performs impairment treatment on financial assets at amortized cost debt instruments at fair value
through other comprehensive income and contract assets based on expected credit losses (ECL) and recognizes
allowances for losses.For receivables and contract assets that do not contain significant financing components the Group adopts a
simplified measurement method to measure allowances for losses based on an amount equivalent to the lifetime
expected credit losses.Financial assets other than those measured with simplified valuation methods the Group evaluates at each balance
sheet date whether its credit risk has significantly increased since initial recognition. The period during which
credit risk has not significantly increased since initial recognition is considered the first stage at which the Group
shall measure loss allowance based on the amount of expected credit loss for the next 12 months and shall
compute interest income according to the book balance and effective interest rate; the period during which credit
risk has significantly increased since initial recognition although no credit impairment has occurred is considered
the second stage at which the Group shall measure loss allowance based on the amount of expected credit loss for
the entire valid period and shall compute interest income according to the book balance and effective interest rate;
The period during which credit impairment has occurred after initial recognition is considered the third stage at
which the Group shall measure loss allowance based on the amount of the lifetime expected credit loss and shall
compute interest income according to the amortized cost and effective interest rate. For financial instruments with
low credit risk at the balance sheet date the Group assumes that their credit risk has not increased significantly
since initial recognition.The Group estimates the expected credit loss of financial instruments individually and on a group basis. The
Group considers the credit risk features of different customers and estimates the expected credit losses of financial
instruments based on aging portfolio.Page 162 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
9. Financial instruments (cont’d)
Impairment of financial instruments (cont’d)
For the Group’s criteria for judging whether credit risks have significantly increased the definition of assets
subjected to credit impairment and assumptions underlying the measurement of expected credit losses please
refer to Note IX.2.The Group's approach to measuring ECLs on financial instruments reflects factors such as the unbiased
probability-weighted average amount determined by evaluating a range of possible outcomes the time value
of money and reasonable and supportable information about past events current conditions and projections
of future economic conditions available at the balance sheet date without undue additional cost or effort.When the Group no longer reasonably expects to be able to fully or partially recover the contract cash flow of
financial assets the Group directly writes down the book balance of such financial assets.Derivative financial instruments
The Group uses derivative financial instruments. Derivative financial instruments are initially recognized at fair
value on the date on which a derivative contract is entered into and are subsequently re-measured at fair value.Derivatives are carried as assets when the fair value is positive and as liabilities when the fair value is negative.Gains or losses arising from changes in the fair value of derivative instruments shall be directly recognized in
current profit or loss.Transfer of financial assets
If the Group has transferred substantially all the risks and rewards associated with the ownership of a financial
asset to the transferee the asset should be derecognized. If the Group retains substantially all the risks and rewards
of ownership of a financial asset the asset should not be derecognized.When the Group has neither transferred nor retained substantially all the risks and rewards of ownership of the
financial asset it may either derecognize the financial asset and recognize any associated assets and liabilities if
control of the financial asset has not been retained; or recognizes the financial asset to the extent of its continuing
involvement in the transferred financial asset and recognizes an associated liability if control has been retained.Assets formed by the continuing involvement by way of the provision of financial guarantee in respect of the
transferred financial assets shall be recognized as the lower of the carrying value of the financial asset and the
amount of financial guarantee. The amount of financial guarantee means the maximum amount among
considerations received to be required for repayment.Page 163 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
10. Inventories
Inventories include raw materials work-in-progress finished goods product deliveries semi-finished goods
materials consigned for processing etc.Inventories are initially recorded at costs. Inventories’ costs include purchasing costs processing costs and other
costs. Actual costs of product deliveries are recognized using the weighted average method. Turnover materials
include low-value consumables packaging materials etc. which are expensed in full.The Group adopts the perpetual inventory system.Inventories on the balance sheet date are stated at the lower of cost or net realisable value. Inventory valuation
allowance is made and recognized in profit or loss when the net realisable value is lower than cost. Net realizable
value is determined based on the estimated selling price in the ordinary course of business less the estimated costs
to completion and estimated costs necessary to make the sale and related taxes. Valuation allowances for raw
materials are established by category and those for finished goods by individual item. For inventories that relate
to products produced and sold in the same region have the same or similar ultimate purpose and are difficult to
separate in measurement valuation allowances are established on a combined basis.Page 164 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
11. Long-term equity investments
Long-term equity investments include equity investments in subsidiaries joint ventures and associates.Long-term equity investments were recorded at initial investment cost on acquisition. For long-term equity
investments acquired through the business combination of entities under common control the initial investment
cost shall be the share of carrying value of the equity of the merged party at the date of combination as stated in
the consolidated financial statements of the ultimate controlling party. Any difference between the initial
investment cost and the carrying value of the consideration for the combination shall be dealt with by adjusting
the capital surplus(if the capital surplus are insufficient for setting off the difference such difference shall be
further set off against retained earnings). Upon disposal of the investment other comprehensive income prior to
the date of combination shall be dealt with on the same basis as if the relevant assets or liabilities were disposed of
directly by the investee. Equity recognized as a result of changes in equity other than the set-off of profit and loss
other comprehensive income and profit allocation of the investee shall be transferred to current profit and loss
upon disposal of the investment. Items which remain long-term equity investments after the disposal shall be
accounted for on a pro-rata basis while items reclassified as financial instruments following the disposal shall be
accounted for in full. For long-term equity investments acquired through the business combination of entities not
under common control the initial investment cost shall be the cost of combination (for business combinations of
entities not under common control achieved in stages through multiple transactions the initial investment cost
shall be the sum of the carrying value of the equity investment in the acquired party held at the date of acquisition
and new investment cost incurred as at the date of acquisition). The cost of combination shall be the sum of assets
contributed by the acquiring party liabilities incurred or assumed by the acquiring party and the fair value of
equity securities issued. Upon disposal of the investment other comprehensive income recognized under the
equity method held prior to the date of acquisition shall be dealt with on the same basis as if the relevant assets or
liabilities were disposed of directly by the investee. Equity recognized as a result of changes in equity other than
the set-off of profit and loss other comprehensive income and profit allocation of the investee shall be transferred
to current profit and loss upon disposal of the investment. Items which remain long-term equity investments after
the disposal shall be accounted for on a pro-rata basis while items reclassified as financial instruments following
the disposal shall be accounted for in full. The initial investment cost of long-term equity investments other than
those acquired through business combination shall be recognized in accordance with the following: for those
acquired by way of cash payments the initial investment cost shall be the consideration actually paid plus
expenses tax amounts and other necessary outgoings directly related to the acquisition of the long-term equity
investments.In the financial statements of the Company the cost method is used for long term equity investments in investees
over which the Company exercises control. Control is defined as the power exercisable over the investee the
entitlement to variable return through involvement in the activities of the investee and the ability to influence the
amount of return using the power over the investee.When the cost method is used long-term equity investments are measured at initial cost on acquisition. When
additional investments are made or investments are recouped the cost of longterm equity investments shall be
adjusted. Cash dividend or profit distribution declared by the investee shall be recognized as investment income
for the period.Page 165 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
11. Long-term equity investments (cont’d)
The equity method is used to account for long-term equity investments when the Group can jointly control or has
significant influence over the invested entity. Joint control is the contractually agreed sharing of control of an
arrangement which exists only when decisions about the relevant activities require the unanimous consent of the
parties sharing control. Significant influence means having the authority to take part in the decision over the
financial and operational policies but not the authority to control or jointly control with other parties the
formulation of such policies.Under the equity method any excess of the initial investment cost over the Company’s share of the net fair value
of the investment’s identifiable assets and liabilities is included in the initial investment cost of the long-term
equity investment. When the carrying amount of the investment is less than the Company’s share of the fair value
of the investment’s identifiable net assets the difference is recognized in profit or loss of the current period and
debited to long-term equity investments.Under the equity method after the long-term equity investments are acquired investment gains or losses and other
comprehensive income are recognized according to the entitled share of net profit or loss and other comprehensive
income of the investee and the carrying amount of the long-term equity investment is adjusted accordingly. When
recognising the Group’s share of the net profit or loss of the invested entity the Group makes adjustments based
on fair values of the investees’ identifiable assets and liabilities at the acquisition date in accordance with the
Group’s accounting policy and accounting period to investee’s net profits eliminating pro-rata profit or loss from
internal transactions with associates and joint ventures attributed to investor (except that loss from inter-group
transactions deemed as asset impairment loss shall be fully recognized) provided that invested or sold assets
constituting businesses shall be excluded. When the invested enterprise declares profit distribution or cash
dividends the carrying amount of investment is adjusted down by the Group’s share of the profit distribution and
dividends. The Group shall derecognize its share of the losses of the investee after the long-term equity
investment together with any long-term interests that in substance forms part of the Group’s net investment in the
investee are reduced to zero except to the extent that the Group has incurred obligations to assume additional
losses. The Group also adjusts the carrying amount of long-term equity investments for other changes in owner’s
equity of the investees (other than the net-off of net profits or losses other comprehensive income and profit
distribution of the investee) and includes the corresponding adjustment in equity.
12. Fixed assets
A fixed asset is recognized when and only when it is probable that future economic benefits that are associated
with the fixed asset will flow to the Group and the cost can be measured reliably. Subsequent expenditures related
to a fixed asset are recognized in the carrying amount of the fixed asset if the above recognition criteria are met
and the carrying value of the replaced part is derecognized; otherwise those expenditures are recognized in profit
or loss as incurred.Fixed assets are initially recognized at cost. Cost of purchased fixed assets includes purchasing price relevant
taxes and any directly attributable expenditure for bringing the asset to working conditions for its intended use.Page 166 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
12. Fixed assets (cont’d)
Except for those incurred by using the accrued expenses for safety production fixed assets are depreciated on a
straight-line basis and the respective estimated useful lives estimated residual value ratios and annual
depreciation rates are as follows:
Useful life Estimated residual Annualvalue ratio depreciation rate
Buildings and constructions 20-40 years 5.00% 2.38%-4.75%
Machinery 5-18 years 5.00% 5.28%-19.00%
Transportation equipment 5-10 years 5.00% 9.5%-19.00%
Electronic equipment 3-10 years 5.00% 9.5%-31.67%
Office equipment 3-10 years 5.00% 9.5%-31.67%
Other equipment 5-10 years 5.00% 9.5%-19.00%
The Group reviews at least at each year end useful lives estimated residual values and depreciation methods of
fixed assets and makes adjustments if necessary.
13. Construction in progress
Construction in progress is measured at the actual construction expenditures including necessary project work
expenses incurred during the period while construction is in progress and other related fees.The criteria for construction in progress to be transferred to fixed assets when it is ready for its intended use
are as follows:
Criteria
Buildings and constructions Actual start of use
The earlier of actual start of use/completion
Machinery of installation and acceptance
14. Borrowing costs
The borrowing costs that are directly attributable to the acquisition construction or production of a qualifying
asset are capitalized. The amounts of other borrowing costs incurred are recognised as an expense in the period in
which they are incurred.When assets that meet the capitalisation criteria are constructed or produced and reach their intended usable
or saleable state borrowing costs cease to be capitalised. Borrowing costs incurred thereafter are recognised
in profit or loss for the period.During the capitalisation period the amount of interest capitalised for each accounting period is determined
as follows: for specific borrowings the amount is determined by deducting temporary deposit interest
income or investment income from the actual interest expenses incurred during the period; for general
borrowings within the Group there were no borrowings that met the capitalisation criteria during the current
year.If the construction or production of an asset that meets the capitalisation criteria is subject to an abnormal
Page 167 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
interruption other than those necessary to achieve the intended usable or saleable state and the interruption
lasts continuously for more than three months capitalisation of borrowing costs is suspended. Borrowing
costs incurred during the interruption period are recognised as expenses and charged to the current period's
profit or loss until the construction or production activities of the asset resume.V.Principal Accounting Policies and Accounting Estimates (Cont’d)
15. Intangible assets
Overseas land use rights and trademark rights are intangible assets with indefinite useful lives. Impairment
tests shall be conducted annually regardless of whether there are indications of impairment. Such intangible
assets shall not be amortized and their useful life shall be reviewed during each accounting period. If there is
evidence suggesting that their useful life is limited accounting treatment will be performed according to the
above policy on intangible assets with definite useful life.Other intangible assets are amortised on a straight-line basis over their useful lives as follows:
Useful life Determination basis
Land use rights 40-50 years Term of land use right
The shorter of the term of trademark
Trademark 5-10 years rights/expected term of use
Patent 5-10 years Expected benefit period
The land ownership of Fosber S.p.A. ("Fosber Group") a subsidiary of the Company in Italy has a
permanent term and the Company believes that the land ownership will be used and will bring expected
inflows of economic benefits to the Company in the foreseeable future so its useful life is regarded as
indefinite. The trademarks registered by subsidiaries Fosber Group and Fosber America Inc. ("Fosber
America") have a useful life in accordance with the law but at the expiration of the protection period Fosber
Group and Fosber America can apply for an extension at low service charges so the Company will benefit
from the above trademarks in the long term. Thus the Company recognized the trademark use right as
intangible assets with indefinite useful life. The useful life of intangible assets with indefinite useful life will
be reviewed at the end of each year. After review the useful life of the above intangible assets is still
uncertain.The Group classifies the expenses for internal research and development as research costs and development
costs. All research costs are charged to the current profit or loss as incurred. Expenditure incurred on projects
to develop new products is capitalized and deferred only when the Group can demonstrate the technical
feasibility of completing the intangible asset so that it will be available for use or sale its intention to
complete and its ability to use or sell the asset how the asset will generate future economic benefits
(including demonstration that the product derived from the intangible asset or the intangible asset itself will
be marketable or in the case of internal use the usefulness of the intangible asset as such) the availability of
technical and financial resources to complete the project and procure the use or sale of the intangible asset
and the ability to measure reliably the expenditure during the development. Development costs which do not
meet these criteria is recognized in profit or loss when incurred.After meeting the above conditions passing the technical feasibility and economic feasibility study the
corresponding projects of the Group enter the development stage and begin to be capitalized after being
reviewed and approved.Page 168 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
16. Impairment
The Group assesses impairment of assets other than inventories contract assets and assets related to contract
costs deferred tax assets and financial assets using the methods described below:
Impairment of assets (other than the impairment of inventories contract assets and contract cost assets investment
properties measured using the fair value model deferred tax assets and financial assets ) is determined in the
following way: the Group assesses at the balance sheet date whether there is any indication that an asset may be
impaired; if any indication exists that an asset may be impaired the Group estimates the recoverable amount of
the asset and performs impairment testing; goodwill arising from a business combination intangible assets with
indefinite useful lives and intangible assets not yet available for use are tested for impairment at least at each year
end irrespective of whether there is any indication that the asset may be impaired.The recoverable amount is the higher of the asset’s fair value less costs to sell and its present value of estimated
future cash flows. The Group estimates recoverable value for individual assets. When it is difficult to estimate
individually the recoverable value of the cash generating units which the asset belongs to will be estimated. The
definition of cash generating units is determined on the basis of whether the cash generating units generate cash
flows which are largely independent of those from other cash generating units.Where the carrying amount of an asset or a cash generating unit exceeds its recoverable amount the asset or cash
generating unit is considered impaired and is written down to its recoverable amount. The difference between the
carrying amount and recoverable amount is recognized in profit or loss and allowance for impairment is made
accordingly.In connection with impairment tests for goodwill the carrying value of goodwill arising from business
combination is allocated to relevant cash generating units (“CGU”) from the date of acquisition on a reasonable
basis. If it is difficult to allocate such goodwill to a relevant CGU it should be allocated to a relevant CGU group.A relevant CGU or CGU group is defined as one which can benefit from the synergies of the business
combination and is not larger than the reporting segments determined by the Group.In connection with impairment tests for CGUs or CGU groups that comprise goodwill where indications of
impairment exists in a CGU or CGU group related to goodwill impairment tests should be performed first on
CGUs or CGU groups that do not comprise goodwill and recognize impairment loss after estimating the
recoverable amount. Then impairment tests on CGUs or CGU groups that comprise goodwill should be performed
and the carrying value and recoverable amount should be compared. Where the recoverable amount is lower than
the carrying value the impairment loss should first be offset against the carrying value of the goodwill allocated
to CGUs or CGU groups and then against assets in the CGUs or CGU groups other than goodwill in proportion to
the weighting of these assets.Previously recognized impairment losses are not reversed in subsequent periods.Page 169 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
17. Long-term prepaid expenses
Long-term prepaid expenses are amortized using the straight-line method with the amortization periods as
follows:
Amortization period
Decoration expenditures 3-5 years
Amortization of moulds 3 years
Other expenditures 3-5 years
18. Employee benefits
Employee benefits include all kinds of rewards or compensation incurred by the Group in exchange for service
rendered by employees or in the termination of employment other than share-based payment. Employee benefits
include short-term benefits retirement benefits dismission benefits and other long-term employees’ benefits.Benefits provided by the Group to the spouses children and dependents of employees and families of deceased
employees are also a part of employee benefits.Short-term benefits
For accounting periods during which services are rendered by employees short-term benefits that will incur is
recognized as liability and included in profit and loss or related capital costs.Retirement benefits (defined contribution schemes)
Employees of the Group participated in pension insurance and unemployment insurance schemes managed by the
local government. The contribution costs are charged as asset cost or to profit or loss when incurred.Retirement benefits (defined benefit schemes)
The Group operates a defined benefit pension scheme which requires payments to an independently operated
fund. No funds have been injected into the scheme. The cost of benefits provided under the defined benefit
scheme is calculated using the expected benefit accrual unit approach.Remeasurement arising from defined benefit pension schemes including actuarial gains or losses changes in the
asset cap effect (deducting amounts included in net interest on net liabilities of the defined benefit schemes) and
return on scheme assets (deducting amounts included in net interest on net liabilities of the defined benefit
schemes) are instantly recognized in the balance sheet and charged to equity through other comprehensive income
for the period during which it is incurred. It will not be reversed to profit and loss in subsequent periods.Previous service costs are recognized as current expenses when: the defined benefit scheme is revised or relevant
restructuring costs or dismission benefits are recognized by the Group whichever earlier.Page 170 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
18. Employee benefits (cont’d)
Retirement benefits (defined benefit schemes) (cont’d)
Net interest is arrived at by multiplying net liabilities or net assets of defined benefits with a discount rate.Changes in net obligations of defined benefits are recognized as cost of sales administrative expenses R&D
expenses selling expenses and finance costs in the income statement. Service costs included current services
costs past service costs and settlement of profit or loss. Net interest included interest income from scheme assets
interest expenses for scheme obligations and interest of the asset cap effect.
19. Provisions
Other than contingent consideration and assumed contingent liabilities in a business combination not involving
entities under common control the Group recognizes as provision an obligation that is related to contingent
matters when all of the following criteria are fulfilled:
(1) the obligation is a present obligation of the Group;
(2) the obligation would probably result in an outflow of economic benefits from the Group;
(3) the obligation could be reliably measured.
Provisions are initially measured according to the best estimate of expenses on fulfilling the current liabilities in
connection with the risk uncertainty and timing value of the currency. The carrying value of the provisions would
be reassessed on every balance sheet date. The carrying value will be adjusted to the best estimated value if there
is certain evidence that the current carrying value is not the best estimate.The contingent liabilities obtained from a business combination not involving entities under common control shall
be measured at fair value at the time of initial recognition. After the initial recognition according to the amount
confirmed by provisions and the balance of the initial recognition amount after deducting the accumulated
amortization determined by the revenue recognition principle the higher of the two shall prevail for subsequent
measurements.
20. Share-based payments
Share-based payments can be distinguished into equity-settled share-based payments and cash-settled share-based
payments. Equity-settled share-based payments are transactions of the Group settled through the payment of
shares or other equity instruments in consideration for receiving services.Equity-settled share-based payments made in exchange for services rendered by employees are measured at the
fair value of equity instruments granted to employees. Instruments which are vested immediately upon the grant
are charged to relevant costs or expenses at the fair value on the date of grant and the capital surplus are credited
accordingly. Instruments of which vesting is conditional upon completion of services or fulfillment of
performance conditions are measured by recognising services rendered during the period in relevant costs or
expenses and crediting the capital surplus accordingly at the fair value on the date of grant according to the best
estimates of the number of exercisable equity instruments conducted by the Group at each balance sheet date
during the pending period. The fair value of equity instruments is determined using the closing price of the
Company’s stock on the date of grant.Page 171 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
21. Revenue generating from contracts with customers
The Group recognizes its revenue upon the fulfilment of contractual performance obligations under a contract
namely when the customer obtains control over the relevant products or services. The acquisition control over
relevant products or services shall mean the ability to direct the use of the products or the provision of the services
and receive substantially all economic benefits derived therefrom.Contract for the sales of products
The product sales contract between the Group and its customers typically includes different contractual
performance obligations for the transfer of products and the rendering of services. With respect to the sales of
products the Group typically recognizes its revenue at the time when the customer takes control over the
products taking into account the following factors: the acquisition of the current right to receive payments for the
products the transfer of major risks and rewards of ownership the transfer of the legal title of the products the
transfer of the physical assets of the products and customers’ acceptance of the products.Contract for the rendering of installation services
The service contract between the Group and its customers includes contractual performance obligations for
installation services. As the customer is able to forthwith obtain and consume the economic benefits brought by
the Group’s contractual performance when the Group performs a contract the Group considers such contractual
performance obligations to be obligations performed over a period of time and revenue shall be recognized on
each balance sheet date according to the progress of installation.Significant financing component
Where a contract contains a significant financing component the Group determines transaction prices based on
amounts payable assumed to be settled in cash by customers immediately upon the acquisition of control over the
products or services. The difference between such transaction price and contract consideration is amortized over
the contract period using the effective interest method based on a ratio that discounts the nominal contractual
consideration to the current selling price of the products or services. The Group shall not give consideration to any
significant financing component in a contract if the gap between the customer’s acquisition of control over the
products or services and payment of consideration is expected to be less than 1 year.Warranty clauses
The Group provides quality assurance for products sold in accordance with contract terms and laws and
regulations. The accounting treatment of quality assurance in the form of warranty assuring customers products
sold are in compliance with required standards is set out in Note III.20. Where the Group provides a service
warranty for a standalone service in addition to the assurance of compliance of products with required standards
such warranty is treated as a standalone contractual performance obligation and a portion of the transaction price
shall be allocated to the service warranty based on a percentage of the standalone price for the provision of
product and service warranty. When assessing whether a warranty is rendering a standalone service in addition to
providing guarantee to customers that all sold goods are in compliance with required standards the Group will
consider whether or not such warranty is a statutory requirement the term of the warranty and the nature of the
Group’s undertaking to perform its obligations.Page 172 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
22. Contract assets and contract liabilities
The Group presents contract assets or contract liabilities on the balance sheet according to the relationship
between contractual performance obligations and customer payments.Contract assets
Contract assets are the right to receive consideration following the transfer of products or services to customers
which is dependent on factors other than the passage of time.For details of the Group’s determination and accounting treatment of expected credit losses from contract assets
please refer to Note III.8.Contract liabilities
Contract liabilities are the obligation to pass products or services to customers in connection with customer
consideration received or receivable for example amounts received prior to the transfer of the promised products
or services.
23. Assets relating to contract cost
The Group’s assets relating to contract costs include the contract acquisition costs and contract performance costs.The costs are presented in inventory other current assets or other non-current assets based on liquidity of the
assets.Where the Group expects the incremental costs for acquiring a contract to be recoverable such contract
acquisition costs are recognized as an asset (unless the amortisation period of the asset is not more than 1 year).Costs incurred by the Group for the performance of a contract are recognized as an asset as contract performance
costs if they do not fall under the scope of the relevant standards for inventories fixed assets or intangible assets
but meet all the following conditions:
(1) they are directly related to a current or anticipated contract including direct labour direct materials
manufacturing expenses (or similar expenses) to be borne by customers as specifically stipulated and
otherwise incurred solely in connection with the contract;
(2) they will increase the resources to be utilized in the Company’s future performance of its contractual
obligations;
(3) they are expected to be recoverable.
24. Government grants
Government grants are recognized when there is reasonable assurance that the grant will be received and all
attaching conditions will be complied with. The grant is measured as the amount received or receivable where it
takes the form of a cash asset or at fair value where it is not a cash asset. Where the fair value cannot be reliably
obtained it should be measured at the nominal value.In accordance with the stipulations of the government instruments government grants applied towards acquisition
or the formation of long-term assets in other manners are asset-related government grants; the instruments
unspecifically refer to the exercise of judgement based on the basic conditions for receiving the asset-related grant
applied towards or the formation of long-term assets in other manners. All other grants are recognized as income-
related government grants.Page 173 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
24. Government grants (cont’d)
Government grants relating to income and applied to make up for related costs or losses in future periods shall be
recognized as deferred income and shall be recognized in profit or loss of the period for which related costs or
loss are recognized. Government grants specifically applied for the reimbursement of incurred related costs and
expenses shall be directly recognized in profit or loss.Government grants relating to assets shall offset the carrying amount of related assets or be recognized as
deferred income and credited to profit or loss over the useful life of the asset concerned by reasonable and
systematic instalments (provided that government grants measured at nominal value shall be directly recognized
in profit or loss). Where the asset concerned is disposed of transferred retired or damaged prior to the end of its
useful life the balance of the deferred income yet to be allocated shall be transferred to “asset disposal” under
current profit or loss.
25. Deferred tax assets
The Group recognizes deferred tax assets and liabilities based on temporary differences using the balance sheet
liability method. Temporary differences are differences between the carrying amount of assets or liabilities in the
balance sheet and their tax base on the balance sheet date. Temporary differences also include the differences
between the carrying values and tax bases of items not recognized as assets or liabilities where the tax base can be
calculated according to the relevant tax regulations.Deferred tax liabilities are recognized for all taxable temporary differences except:
(1) where the taxable temporary difference arises from goodwill or the initial recognition of an asset or
liability in a transaction that is not a business combination and at the time of the transaction affects
neither the accounting profit nor taxable profit or loss;
(2) in respect of taxable temporary differences associated with investments in subsidiaries associates and
interests in joint ventures where the timing of the reversal of the temporary differences can be controlled
and it is probable that the temporary differences will not reverse in the foreseeable future.Deferred tax assets are recognized for all deductible temporary differences carryforward of unused tax credits and
unused tax losses to the extent that it is probable that taxable profit will be available against which the deductible
temporary differences and the carryforward of unused tax credits and unused tax losses can be utilized except:
(1) where the deductible temporary difference arises from transaction that is not a business combination and
at the time of the transaction affects neither the accounting profit nor taxable profit or loss;
(2) deductible temporary differences associated with investments in subsidiaries associates and interests in
joint ventures are recognized when all following conditions are met: it is probable that the temporary
differences will reverse in the foreseeable future it is probable that taxable profit against the deductible
temporary differences will be available.Page 174 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
25. Deferred tax assets (cont’d)
As at balance sheet date deferred tax assets and liabilities are measured in accordance with relevant tax laws at
the tax rates that are expected to apply to the period when the asset is realized or the liability is settled and
reflects the tax consequences that would follow the manner in which the Group expects at the balance sheet date
to recover the assets or settle the carrying amount of its assets and liabilities.The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the
extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred
tax asset to be utilized. Unrecognized deferred tax assets are reassessed at the end of each reporting period and are
recognized to the extent that it has become probable that sufficient taxable profit will be available to allow all or
part of the deferred tax asset to be recovered.Deferred tax assets and liabilities are offset and presented as a net amount if all of the following conditions are
met: the Group has the legal right to set off the current income tax assets and liabilities and the deferred tax assets
and liabilities relate to income taxes levied by the same taxation authority on either the same taxable entity or
different taxable entities provided that the taxable entity concerned intends either to settle current income tax
liabilities and assets on a net basis or to realize the assets and settle the liabilities simultaneously in each future
period in which significant amounts of deferred tax liabilities or assets are expected to be settled or recovered.
26. Leases
At inception of a contract the Group assesses whether the contract is or contains a lease. A contract is or
contains a lease if the contract conveys the right to control the use of an identified asset for a period of time in
exchange for consideration.As lessee
The Group recognizes leases as the right-of-use asset and lease liabilities except for short-term leases and leases
of low-value assets.Right-of-use assets
At the commencement date of the lease the Group recognizes a right-of-use asset. The cost of the right-of-
use asset comprises: (1) the amount of the initial measurement of the lease liability; (2) any lease payments
made at or before the commencement date less any lease incentives received; (3) any initial direct cost
incurred; (4) an estimate of costs incurred by the lessee in dismantling and removing the underlying asset
restoring the site on which it is located or restoring the underlying asset to the condition required by the
terms and conditions of the lease. The right-of-use assets are depreciated on a straight-line basis subsequently
by the Group. If ownership of the leased asset transfers to the Group at the end of the lease term
depreciation is calculated using the estimated useful life of the asset. Otherwise the right-of-use assets are
depreciated over the shorter of the lease term and the estimated useful lives of the assets.Page 175 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
26. Leases (cont’d)
Lease liabilities
At the commencement date the Group measures the lease liability at the present value of the lease payments that
are not paid at that date except for short-term leases and low-value asset leases. Lease payments include constant
payments and the substantial constant payments net of lease incentives variable lease payments that depend on an
index or ratio the estimated payables of guaranteed residual value and also include the exercise price of the
purchase option or the amount to be paid upon vest of the termination option provided that the Group is
reasonably certain that the option will be vested or that the lease term reflects that the Group will exercise the
termination option.In calculating the present value of the lease payments the Group uses the interest rate implicit in the lease as the
discount rate. If that rate cannot be readily determined the Group uses the lessee’s incremental borrowing rate.The Group calculates the interest expenses of the lease liability in each period during the lease term using the
constant periodic rate of interest and recognizes such interest expenses in profit or loss except those that in the
related asset costs as required. Variable lease payments that are not included in the measurement of the lease
assets are recognized in profit or loss as incurred except those that shall be included in the related asset costs as
required.After the commencement date the Group increases the book value of the lease liability when interest is
recognized and decreases the book value of the lease liability when lease payments are made. In the event of any
change to the substantial constant payments the estimated payables of guaranteed residual value the index or
ratio used to determine lease payments the assessment results or actual vesting of the purchase option the
renewal option or the termination option the Group remeasures the lease liability at the present value of the
modified lease payments.Short-term leases and leases of low-value assets
A short-term lease is a lease that at the commencement date has a lease term of 12 months or less and does not
contains any purchase option. The Group does not recognize the right-of-use assets and lease liabilities for
buildings short-term leases. The Group recognizes lease payments on short-term leases and leases of low-value
assets in the related asset costs or profit or loss on a straight-line basis over the lease term.As a lessor
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership
of an underlying asset except that a lease is classified as an operating lease at the inception date.As a lessor of operating leases
Rental income of operating leases is recognized in current profit or loss over the respective periods during the
lease term on a straight-line basis while variable lease payment not included in lease receipts is charged to profit
or loss as and when incurred.Initial direct costs are capitalised and recognised over the lease term on the same basis as rental income through
profit or loss.Page 176 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
27. Share repurchase
The consideration and transaction costs paid to repurchase equity instruments are charged against owner’s equity.Except for share-based payments the issue (including refinancing) repurchase disposal or retirement of the
Company’s own equity instruments are accounted for as changes in equity.
28. Expenses for safety production
The expenses for safety production set side as stipulated shall be included in the cost of relevant products or
current profits and losses and included in the special reserve at the same time. When such expenses are used
accounting treatment will be performed according to whether fixed assets are formed. If identified as expense
expenditures the special reserve will be written down directly; if fixed assets are formed the expenses incurred
will be collected fixed assets will be recognized when they reach a predetermined usable state and the equivalent
amount of special reserve will be written down and the equivalent accumulated depreciation will be recognized.
29. Put option related to non-controlling interests
In the process of acquiring majority equity of subsidiaries the Group grants to minority shareholders the option to
sell the shares of subsidiaries held by them to the Group (put option). The Group recognizes the shares of
subsidiaries held by minority shareholders as non-controlling interests in its consolidated financial statements; for
the put option the Group undertakes the obligation to redeem the shares of the subsidiaries held by minority
shareholders in cash. The Group removes the present value of the amount payable to redeem the put option from
its equity (excluding non-controlling interests) and classifies it as financial liability which is remeasured in
subsequent periods at the present value of the the amount payable to redeem the put option and recognized in
profit or loss.
30. Fair value measurement
At each balance sheet date the Group measures the fair value of derivative financial instruments and equity
instrument investments. Fair value means the price receivable from the disposal of an asset or required to be paid
for the transfer of a liability in an orderly transaction incurred by market participants on the measurement date.The fair value hierarchy to which an asset or liability measured or disclosed in the financial statements at fair
value will be determined on the basis of the lowest level of input which is significant for the fair value
measurement as a whole. Input at the first level represents unadjusted quoted prices in an active market for the
acquisition of the same asset or liability on the measurement date. Input at the second level represents directly or
indirectly observable assets or liabilities apart from input at the first level. Input at the third level represents
unobservable input for the asset or liability.At each balance sheet date the Group reassesses assets and liabilities measured at fair value on an ongoing basis
recognized in the financial statements to determine whether the level of fair value measurement should be
changed.Page 177 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
31. Significant accounting judgements and estimates
The preparation of financial statements requires judgement and estimation of the management. Such judgement
and estimation will affect the reported amounts of revenue expenses assets and liabilities and the disclosure of
contingent liabilities as at the balance sheet date. However the consequence arising from the uncertain nature of
such estimation may result in significant adjustment to the carrying value of the asset or liability affected in the
future.Judgement
In the process of applying the Group’s accounting policies management has made the following judgements
which have the most significant effect on the amounts recognized in the financial statements:
Determination of standalone contractual performance obligations
The intelligent packaging equipment (printers and corrugators) business of the Group includes four kinds of
product or service commitments i.e. the sale installation transportation and insurance services of machinery. As
the customer can benefit from the individual use of the four kinds of products or services or their use together with
other readily available resources and such product or service commitments are distinctly separable from other
products or service commitments the aforesaid product or service commitments constitute standalone contractual
performance obligations respectively.Business model
The classification of financial assets at initial recognition is dependent on the Group’s business model for
managing the assets. Factors considered by the Group in judging the business model include enterprise valuation
the method of reporting the results of financial assets to key management members risks affecting the results of
financial assets and the method for managing such risks as well as the form of remuneration received by the
management personnel of the businesses concerned. In assessing whether the business model is aimed at receiving
contract cash flow the Group is required to analyse and exercise judgment in respect of the reasons timing
frequency and values of any disposals prior to maturity.Characteristics of contract cash flow
The classification of financial assets at initial recognition is dependent on the characteristics of the contract cash
flow of such type of financial assets. Judgement is required to determine whether the contract cash flow represents
interest payment in relation to principal amounts based on outstanding principal amounts only including
judgement of whether it is significantly different from the benchmark cash flow when assessing modifications to
the time value of currencies and judgement of whether the fair value of early repayment features is minimal
where the financial assets include such early repayment features.Estimation uncertainty
The key assumptions concerning the future and other key sources of estimation uncertainty at the balance sheet
date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities
within subsequent financial years are discussed below.Page 178 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
31. Significant accounting judgements and estimates (cont’d)
Estimation uncertainty (cont’d)
Impairment of financial instruments and contract assets
The Group has adopted the expected credit loss model to evaluate the impairment of financial instruments and
contract assets. The application of the expected credit loss model requires significant judgement and estimates and
the consideration of all reasonable and soundly based information including forward-looking information. In
making such judgement and estimates the Group estimates the projected movements of the debtor’s credit risk
according to past repayment records economic policies macro-economic indicators and industry risks. Different
estimates may affect impairment allowances and established impairment allowances may not equal the actual
impairment loss amount in the future.Impairment of non-current assets other than financial assets (exclusive of goodwill)
The Group assesses at each balance sheet date whether there is an indication that a non-current asset other than
financial assets may be impaired. For an intangible asset with an indefinite useful life in addition to the annual
impairment test it is also tested when there is an indication that it may be impaired. Non-current assets other than
financial assets are tested for impairment when there is an indication that the carrying amount is irrecoverable.Where the carrying amount of an asset or an asset group exceeds its recoverable amount—the higher of the asset
or asset group’s fair value less costs to sell and its present value of estimated future cash flows it is considered
impaired. The net amount of the fair value less costs to sell is determined based on the price of a similar asset’s
sales contract in a fair transaction or the observable market price less the incremental cost directly attributable to
the disposal of the asset. When estimating the present value of future cash flows the management must choose a
proper discount rate.Impairment of goodwill
Goodwill must be tested for impairment at least annually. It requires estimating the present value of future cash
flows of an asset group or asset group portfolio allocated with goodwill. When estimating the present value of
future cash flows the Group needs to estimate future cash flows generating from the asset group or asset group
portfolio and at the same time choose a proper discount rate to determine the present value of future cash flows.For details see Note V.20.Fair value of unlisted equity investments
The unlisted equity investments have been valued based on the expected cash flows discounted at current rates
applicable for items with similar terms and risk characteristics. This valuation requires the Group to make
estimates about expected future cash flows credit risk volatility and discount rates and hence they are subject to
uncertainty.Deferred tax assets
Deferred tax assets are recognized for all unused tax losses to the extent that it is likely that taxable profit will be
available to utilize these unused tax losses. Significant judgments are needed from management to estimate the
timing and amount of taxable profit in the future with tax planning strategies to determine the amount of the
deferred tax assets that should be recognized.Page 179 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
V.Principal Accounting Policies and Accounting Estimates (Cont’d)
31. Significant accounting judgements and estimates (cont’d)
Estimation uncertainty (cont’d)
Lessee’s incremental borrowing rate
If the interest rate implicit in the lease cannot be readily determined the Group measures the lease liability at the
present value of the lease payments that are not paid at that date. The Group discounted the lease payments using
the lessee’s incremental borrowing rate. The Group determines the incremental borrowing rate based on the
economic environment by reference to the observable interest rate. Then the Group adjusts the reference interest
rate based on its own circumstances underlying assets lease terms and amounts of lease liabilities to determine
the applicable incremental borrowing rate.Provisions
The Group estimates and makes corresponding provision for product quality guaranty according to contract terms
existing knowledge and past experience. When such contingencies have formed a present obligation and it is
probable that an outflow of economic benefits from the Group will be required to settle the obligation the Group
recognizes the contingencies as provisions based on the best estimate of the expenditure required to settle the
related present obligation. The recognition and measurement of provisions largely depend on the judgment of
management. In the process of making judgment the Group is required to assess the risks uncertainties time
value of money and other factors related to such contingencies.The Group will undertake the provisions for post-sale quality maintenance provided to customers for the sale
maintenance and renovation of the sold goods. The provisions have been made taking into account the Group’s
recent data of maintenance experience and taking into account the risks uncertainties and other factors related to
maintenance matters. Any increase or decrease in this provision may affect the profit and loss in future years.Page 180 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
VI. Taxation
1. Principal tax items and tax rates
Tax basis Tax rate
Value-added tax The output tax: taxable income; 22%13% and
(VAT) VAT: difference after deducting the input tax which is 6%
allowed to be deducted in the current period
City maintenance Turnover tax actually paid 7%
and construction
tax
Education Turnover tax actually paid 3%
surcharge
Local education Turnover tax actually paid 2%
Surcharge
Property tax Ad valorem tax: remaining value after deducting 30% 1.2% and 12%
from the original value of the property;
Tax levied from rent: rental income.Corporate income Taxable income 15%-30%
tax
The taxpaying entities subject to different corporate income tax rates are as follows:
Income tax rate
Guangdong Dongfang Precision Science & Technology Co. Ltd. 25.0%
Suzhou Parsun Power Machine Co. Ltd. ("Parsun Power") 15.0%
Dongfang Digicom Data Technology (Guangdong) Co. Ltd. ("Dongfang 15.0%
Digicom")
Shenzhen Wonder Printing System Co.Ltd. ("Wonder Printing") 15.0%
Dong Fang Precision (HK) Limited (“Dongfang Precision (HK)”) 16.5%Dong Fang Precision (Netherland) Cooperatief U.A.(“Dongfang Precision 20.0%(Netherland)”)
Yuanhang Holdings (Singapore) Pte Ltd (“Yuanhang (Singapore)”) 17.0%Xinghui Precision Technology (Singapore) Pte Ltd (“Xinghui Precision 17.0%(Singapore)”)
EDF Europe s.r.l.(“EDF”) 24.0%
Page 181 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
VI. Taxation (Cont’d)
2. Tax concessions
Suzhou Parsun Power Machine Co. Ltd. a subsidiary of the Company passed the high-tech enterprise review by
the Department of Science and Technology of Jiangsu Province Department of Finance of Jiangsu Province and
Jiangsu Provincial Tax Service of State Taxation Administration on 18 November 2022 and obtained a High-tech
Enterprise Certificate (certificate no.: GR202232005866) jointly issued by the above authorities with a validity of
three years during which the subsidiary paid the corporate income tax at a reduced rate of 15%. On 25 December
2025 Parsun Power once again passed the re-certification review as a high-tech enterprise (Certificate No.:
GR202532001269) valid for three years so the preferential tax rate of 15% was applicable to the corporate
income tax of Parsun Power as at 2026.Shenzhen Wonder Printing System Co.Ltd. a subsidiary of the Company passed the high-tech enterprise review
by the Department of Science and Technology of Guangdong Province Department of Finance of Guangdong
Province and Guangdong Provincial Tax Service of State Taxation Administration on 19 December 2022 and
obtained a High-tech Enterprise Certificate (certificate no.: GR202244206125) jointly issued by the above
authorities with a validity of three years during which the subsidiary paid the corporate income tax at a reduced
rate of 15%. On 25 December 2025 Wonder Printing once again passed the re-certification review as a high-tech
enterprise (Certificate No.: GR202544202708) valid for three years so the preferential tax rate of 15% was
applicable to the corporate income tax of Wonder Printing as at 2026.Dongfang Digicom Data Technology (Guangdong) Co. Ltd. a subsidiary of the Company passed the high-tech
enterprise review by the Department of Science and Technology of Guangdong Province Department of Finance
of Guangdong Province and Guangdong Provincial Tax Service of State Taxation Administration on 28 December
2024 and obtained a High-tech Enterprise Certificate (certificate no.: GR202444005593) jointly issued by the
above authorities with a validity of three years during which the subsidiary paid the corporate income tax at a
reduced rate of 15% so the preferential tax rate of 15% was applicable to the corporate income tax of Wonder
Printing as at 2026.Page 182 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
VII Notes to the Consolidated Financial Statements
1. Cash and bank balances
Unit: RMB yuan
Item Closing balance Opening balance
Cash on hand 188454.67 388992.02
Cash at banks 5976725229.63 1929620404.45
Other cash balances 516772271.98 148909630.98
Total 6493685956.28 2078919027.45
Of which: Total amount overseas 3961358430.50 1011711436.77
Other information:
The fund deposited abroad with restrictions on repatriation was equivalent to RMB3961358430.50 (On 31 December
2025 the number was RMB1011711436.77). Current bank deposits earn interest income based on interest rates for current
deposits.Other cash and cash equivalents include: 1) deposits secured by bank-accepted bills and loan guarantees etc. with a
carrying amount of RMB 40684556.30; 2) investment funds deposited with a carrying amount of RMB 476049248.87; 3)
funds in transit with a carrying amount of RMB 38466.81.
2. Financial assets held for trading
Unit: RMB yuan
20262025
Financial assets at fair value through
profit or loss 2205243932.05 766554477.49
Asset management plans
including
Asset management plans 171156027.87 65846656.99
Investments in bank’s wealth
management products 72958820.18 352724315.45
Stocks and Funds 1839085084.00 332768713.53
Investments in trust products 122044000.00 15214791.52
Total 2205243932.05 766554477.49
3. Derivative financial assets
项目20262025
Foreign exchange derivatives 56925.08 101000.75
Total 56925.08 101000.75
4. Notes receivable
(1) Notes receivable by type
Unit: RMB yuan
Item Closing balance Opening balance
Bank acceptance notes 21600342.19 48393159.64
Page 183 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Commercial acceptance notes
Total 21600342.19 48393159.64
(2) At the end of the period the company had endorsed or discounted notes receivable that had not
yet matured as of the balance sheet date.Unit: RMB yuan
Amount recognised at the end of the Amount not derecognised at the end of
Item
period the period
Bank acceptance notes 9938458.33
Total 9938458.33
5. Accounts receivable
(1) Disclosure by the aging of accounts receivable
Unit: RMB yuan
20262025
Within 1 year (inclusive) 227965015.84 892283895.51
1-2 years 17383823.83 50396371.70
2-3 years 9510801.53 22739742.02
Over 3 years 13803495.13 22834845.27
3-4 years 8346882.58 14658385.94
4-5 years 4975011.73
Over 5 years 5456612.55 3201447.60
Total 268663136.33 988254854.50
(2) Disclosure classified by the allowance provision method of accounts receivable
Unit: RMB yuan
Closing balance Opening balance
Gross amount Allowance Gross amount Allowance
Type Allow Carrying Allow Carrying
Percen ance Percen ance
Amount Amount amount Amount Amount amount
tage percen tage percen
tage tage
Account
s
receivab
le for
which
the 125040 125040 100.00 447875 447875 100.00
allowanc 0.47% 0.45%0.00 0.00 % 6.48 6.48 %
es are
establish
ed
individu
ally
Of
Page 184 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
which:
Account
s
receivab
le for
which
the 125040 125040 100.00 447875 447875 100.00
allowanc 0.47% 0.45%0.00 0.00 % 6.48 6.48 %
es are
establish
ed
individu
ally
Account
s
receivab
le for
which
the 267412 99.53 181328 249279 983776 99.55 317548 9520216.78% 3.23%
allowanc 736.33 % 09.68 926.65 098.02 % 61.24 236.78
es are
establish
ed by
group
Of
which:
Account
s
receivab
le for
which
the
allowanc
es are 267412 99.53 181328 249279 988254 99.55 317548 952021
establish 6.78% 3.23%736.33 % 09.68 926.65 854.50 % 61.24 236.78
ed by
group
with
similar
credit
risk
characte
ristics
Total 268663 100.00 193832 249279 988254 100.00 362336 952021
136.33%09.68926.65854.50%17.72236.78
Accounts receivable for which the allowances are established individually:
Unit: RMB yuan
Opening balance Closing balance
Entity
Gross amount Allowance Gross amount
Reason for
Allowance ECL
allowance
Customer’s
inability to
Customer 1 641600.00 641600.00 641600.00 641600.00 100.00% settle the
amount due
Customer 2 608800.00 608800.00 608800.00 608800.00 100.00% Customer’s
Page 185 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
inability to
settle the
amount due
Customer 3 3228356.48 3228356.48
Total 4478756.48 4478756.48 1250400.00 1250400.00
Accounts receivable for which the allowances are established by group with similar credit risk characteristics are as follows:
Unit: RMB yuan
Closing balance
Item
Gross amount Allowance ECL
Within 1 year 227965015.84 3237381.43 1.42%
1-2 years 17383823.83 2532202.41 14.57%
2-3 years 9510801.53 4020343.32 42.27%
3-4 years 8346882.58 4136669.97 49.56%
4-5 years
Over 5 years 4206212.55 4206212.55 100.00%
Total 267412736.33 18132809.68
（3） Allowances established orreversed in the current period
Allowances in the current period:
Unit: RMB yuan
Opening Change in the current period
Type Closing balance
balance Provision Reversed Written off Others
Allowances
for doubtful
accounts 36233617.72 2564268.15 729457.64 -18685218.55 19383209.68
receivable
Total 36233617.72 2564268.15 729457.64 -18685218.55 19383209.68
（4） Top five entities with respect to accounts receivable
Unit: RMB yuan
Total closing
balance of
Total closing As a % of the provision for
Closing balance of balance of closing balance of allowances ofClosing balance of
Entity accounts accounts total accounts accountscontract assets
receivable receivable and receivable and receivable and
contract assets contract asset provision for
impairment of
contract asset
Customer 4 31965798.57 3572209.37 35538007.94 11.89% 1201196.04
Customer 5 19070520.00 2724360.00 21794880.00 7.29% 571025.86
Customer 6 18952958.00 18952958.00 6.34% 378992.53
Customer 7 11603162.63 11603162.63 3.88% 232022.46
Customer 8 9459729.00 9459729.00 3.16% 189161.32
Total 91052168.20 6296569.37 97348737.57 32.56% 2572398.21
Page 186 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
6. Contract assets
（1） Contract assets
Unit: RMB yuan
Closing balance Opening balance
Type
Gross amount Allowance Carryingamount Gross amount Allowance
Carrying
amount
Contract assets 30264851.92 1573151.64 28691700.28 70210620.34 5669499.41 64541120.93
Total 30264851.92 1573151.64 28691700.28 70210620.34 5669499.41 64541120.93
（2） Disclosure classified by the allowance provision method
Unit: RMB yuan
Closing balance Opening balance
Gross amount Allowance Carryin Gross amount AllowanceType Carryin
Percenta Percenta g Percenta g
Amount
ge Amount amount Amountge ge Amount
Percenta
ge amount
Of which:
Provisio
n for
allowanc 302648 157315 286917 702106 566949 645411100.00% 5.20% 100.00% 8.07%
es by 51.92 1.64 00.28 20.34 9.41 20.93
group
Of which:
Contract
assets
for
which
allowanc
es are
establish
ed by 302648 157315 286917 702106 566949 645411100.00% 5.20% 100.00% 8.07%
group 51.92 1.64 00.28 20.34 9.41 20.93
with
similar
credit
risk
characte
ristics
Total 302648 157315 286917 702106 566949 645411100.00% 100.00%
51.921.6400.2820.349.4120.93
Accounts receivable for which the allowances are established by group:
Unit: RMB yuan
Closing balance
Type
Gross amount Allowance Percentage
Within 1 year 22947616.69 490002.39 2.14%
1-2 years 6828070.94 861019.75 12.61%
2-3 years 489164.29 222129.50 45.41%
3-4 years
4-5 years
More than 5 years
Page 187 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Total 30264851.92 1573151.64
（3）Allowances established orreversed in the current period
Unit: RMB yuan
Type Established Reversed Written off Reason
Provision for
impairment of contract 233784.95 201401.59
asset
Total 233784.95 201401.59
7. Receivables financing
Unit: RMB yuan
Item Closing balance Opening balance
Notes receivable 9252829.33 19403276.39
Total 9252829.33 19403276.39
8. Other receivables
Unit: RMB yuan
Item Closing balance Opening balance
Other receivables 11563941.51 31895695.08
Total 11563941.51 31895695.08
(1) Other receivables
1) Disclosure by nature
Unit: RMB yuan
Nature Closing gross amount Opening gross amount
Security deposits 4487979.94 8180431.48
Government subsidy 6000000.00
Export tax refunds 591747.36
Employee loans and petty cash 3140860.51 6988083.81
Others 5286186.64 11542474.10
Total 12915027.09 33302736.75
2)Disclosure by the aging
Unit: RMB yuan
Aging Closing gross amount Opening gross amount
Within 1 year 7263787.41 18354891.41
1-2 years 268467.48 9763852.83
2-3 years 3988143.24 641457.00
Over 3 years 1394628.96 4542535.51
3-4 years 496353.43 2368064.07
Page 188 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
4-5 years 152453.30 467519.13
Over 5 years 745822.23 1706952.31
Total 12915027.09 33302736.75
3) Disclosure classified by the allowances provision methods
Unit: RMB yuan
Closing balance Opening balance
Gross amount Allowance
Type Carryin Gross amount Allowance Carryin
Percenta Amount Percenta
g Percenta Percenta g
Amount Amount
ge ge amount ge Amount ge amount
Of which:
Provisio
n for
allowanc 129150 135108 115639 333027 140704 318956100.00% 10.46% 100.00% 4.23%
es by 27.09 5.58 41.51 36.75 1.67 95.08
group
Of which:
Portfolio
of credit
risk 129150 135108 115639 333027 140704 318956100.00% 10.46% 100.00% 4.23%
characte 27.09 5.58 41.51 36.75 1.67 95.08
ristics
Total 129150 135108 115639 333027 140704 318956100.00% 10.46% 100.00% 4.23%
27.095.5841.5136.751.6795.08
Allowances：
Unit: RMB yuan
Stage 1 Stage 2 Stage 3
Allowances Lifetime expected Lifetime expected12-month expected Total
credit loss (without credit loss (with credit
credit loss
credit impairment) impairment)
Balance as at 1 January
2026907041.67500000.001407041.67
Balance as at 1 January
2026 in the current
period
Provision in the current
period -55956.09 -55956.09
Balance as at 30 June
2026851085.58500000.001351085.58
Balances with significant changes in loss allowances in the current period:
□ Applicable□ Not applicable
4) Allowances established or reversed in the current period
Allowances in the current period:
Unit: RMB yuan
Opening Change in the current period
Type Closing balance
balance Established Reversed Written off Others
Page 189 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Allowances for
doubtful other 1407041.67 -55956.09 1351085.58
receivables
Total 1407041.67 -55956.09 1351085.58
5) Top five entities with respect to other receivables
Unit: RMB yuan
As a % of the Closing balance of
Nature of other closing balance of allowances for
Entity Closing balance Aging
receivable total other doubtful other
receivables receivables
Third-party
Within 1 year 4-
Entity 1 receivables and 3948159.62 5 years 30.57%
payables?
Deposits and 2-3 years 3-4
Entity 2
guarantees? 1605000.00 years 12.43%
Third-party
Entity 3 receivables and 622633.57 Within 1 year 4.82%
payables?
Third-party
Entity 4 receivables and 512895.28 Within 1 year 3.97%
payables?
Prepaid service
Entity 5 391067.00 Within 1 yearfees 3.03%
Total 7079755.47 54.82%
9. Prepayments
(1) Prepayments by aging
Closing balance Opening balance
Aging
Amount Percentage Amount Percentage
Within 1 year 19262948.89 86.71% 33316934.80 89.06%
1-2 years 319177.28 1.44% 1757166.57 4.70%
2-3 years 396872.20 1.79% 311127.83 0.83%
Over 3 years 2236849.13 10.06% 2024701.77 5.41%
Total 22215847.50 37409930.97
(2) Top five entities with respect to prepayments
The closing balance of total prepayments to the top five entities amounted to RMB4898281.24 accounting for 22.05%
of the closing balance of the total prepayments.
10. Inventories
Is the Company subject to the disclosure requirements for the real estate industry
No.Page 190 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(1) Inventories by type
Unit: RMB yuan
Closing balance Opening balance
Inventory Inventory
valuation valuation
allowances or allowances or
Item impairment Carrying impairment Carrying
Gross amount Gross amount
allowances for amount allowances for amount
contract contract
performance performance
costs costs
Raw materials 202259844.28 6684851.29 195574992.99 647541935.43 28460878.05 619081057.38
Work-in-
progress 168256307.91 17783939.46 150472368.45 369761978.91 21391350.19 348370628.72
Finished goods 43495907.17 5523.70 43490383.47 72987686.14 8803128.59 64184557.55
Product
deliveries 7648904.73 7648904.73 41042557.50 41042557.50
Semi-finished
goods 45625384.85 271827.61 45353557.24 42568277.48 459377.88 42108899.60
Materials
consigned for 4186665.44 4186665.44 4489421.16 4489421.16
processing
Total 1178391856. 1119277121.471473014.38 24746142.06 446726872.32 59114734.71
6291
(2) Inventory valuation allowances and impairment allowances for contract performance costs
Unit: RMB yuan
Increase in the current period Decrease in the current period
Opening
Item Reversed or Closing balancebalance Established Others Others
written off
Raw materials 28460878.05 1322667.32 23098694.08 6684851.29
Work-in-
progress 21391350.19 99235.07 3508175.66 17783939.46
Finished goods 8803128.59 7344.66 8790260.23 5523.70
Semi-finished
goods 459377.88 187550.27 271827.61
Total 59114734.71 1322667.32 294130.00 35397129.97 24746142.06
11. Current portion of non-current assets
Unit: RMB yuan
Item Closing balance Opening balance
Current portion of long-term receivables 5655062.30 13368400.00
Large-Denomination Certificates of
Deposit Maturing Within One Year 10909534.25
Total 5655062.30 24277934.25
Substantial debt investments/other debt investments:
Page 191 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
12. Other current assets
Unit: RMB yuan
Item Closing balance Opening balance
Input value-added tax (VAT) to be
deducted 3801091.67 3623329.38
Overpaid VAT 43432967.34 57771294.63
Tax repayments 4858708.82 28946167.30
Others 146292.41 24022378.71
Total 52239060.24 114363170.02
13. Long-term receivables
(1) Particulars about long-term receivables
Unit: RMB yuan
Closing balance Opening balance Range of
Item Gross Impairment Carrying Gross Impairment Carrying discount
amount allowance amount amount allowance amount rates
Amounts
receivable by
installment 2576000.00 67491.20 2508508.80 6370000.00 157231.20 6212768.80
for selling
goods
Total 2576000.00 67491.20 2508508.80 6370000.00 157231.20 6212768.80
（2） Classification by bad debt provision method
Unit: RMB yuan
Closing balance Opening balance
Gross amount Impairment Impairment
Item allowance
Gross amount
Carrying allowance Carrying
Percenta Percenta amount Percenta Percenta amount
Amount Amount Amount Amount
ge ge ge ge
Of which:
Provisio
n for bad
debts
calculate 257600 67491.2 250850 637000 157231. 621276100.00% 2.62% 100.00% 2.47%
d on a 0.00 0 8.80 0.00 20 8.80
portfolio
basis
Of which:
Credit
risk 257600 67491.2 250850 637000 157231. 621276
characte 100.00% 2.62% 100.00% 2.47%0.00 0 8.80 0.00 20 8.80
ristics
Total 257600 67491.2 250850 637000 157231. 621276100.00% 2.62% 100.00% 2.47%
0.0008.800.00208.80
Page 192 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(3) Movements in allowances for doubtful long-term receivables are as follows:
Unit: RMB yuan
Opening Change in the current period
Type Closing balance
balance Provision Reversed Written off Others
long-term
receivables 157231.20 0.00 81255.64 -8484.36 67491.20
Total 157231.20 0.00 81255.64 0.00 -8484.36 67491.20
14、Long-term equity investments
Unit: RMB yuan
Change in the current period
Return Closing
on Decla Closing balance
Opening Adjustm Otheinvest red balance
Invest balance Additi Reduc ent to r Impair
of
ment cash (carryin
ee (carrying onal ed other equit ment
impairme
under divid Others g
amount) invest invest compreh y allowa
nt
the ends amount
ment ment ensive chan nce allowanc
equity or )
income ges e
metho profit
d
1. Joint ventures
2. Associates
Jaten 892209 310847. 895317
Robot 01.64 93 49.57
Taller -
es 184418 18441
Tapre 4.33 84.33
Nanji
ng -202501 97204 972045
Profet 809188.05.90 58.47 8.47
a 96
RuoY
u -968406 935036
Robot 33370999.35 08.83
ics 0.52
Heju
Intelli 300000 300000
gent 0.00 0.00
Aeros
pace 917017 193082 936325
Xinli 01.08 4.73 25.81
Subtot - -302857 97204 289388
al 190460 18441592.30 58.47 342.68
6.8284.33
--
Total 302857 97204 289388190460 18441
592.3058.47342.68
6.8284.33
The recoverable amount is determined by the net amount after deducting the disposal expenses from the fair value.□ Applicable□ Not applicable
Page 193 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
The recoverable amount is determined by the present value of the expected future cash flows.□ Applicable□ Not applicable
15. Other non-current financial assets
Unit: RMB yuan
Item Closing balance Opening balance
Financial assets 906447128.50 817347878.10
Total 906447128.50 817347878.10
16. Fixed assets
Unit: RMB yuan
Item Closing balance Opening balance
Fixed assets 562689997.78 1084142895.08
Total 562689997.78 1084142895.08
(1) Particulars about fixed assets
Unit: RMB yuan
Buildings and Transportation
Item Machinery Other equipment Total
constructions equipment
I. Gross amount
1. Opening
balance 1077891032.34 653922242.49 35579793.71 90051164.46 1857444233.00
2. Increase in
the current period 10680931.55 49114877.74 2355512.05 7508178.48 69659499.82
(1) Purchases 10596516.55 36597284.81 2355512.05 5452105.74 55001419.15
(2) Transfers
from construction 84415.00 12517592.93 2056072.74 14658080.67
in progress
(3) Increase
in business
combination
(4) Effect of
exchange rate
movements
3. Decrease in
the current period 531803686.57 472635223.18 10582322.71 30174502.90 1045195735.36
(1) Disposal
or retirement 4200.00 260000.00 161600.50 425800.50
(2)Disposal
of Subsidiaries 530989938.82 472277219.17 10298134.93 29794081.43 1043359374.35
Transferred Out
(3) Exchange
Rate Fluctuations 813747.75 353804.01 24187.78 218820.97 1410560.51
4. Closing
balance 556768277.32 230401897.05 27352983.05 67384840.04 881907997.46
II. Accumulated
depreciation
Page 194 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
1. Opening
balance 260395851.24 428392077.00 23465131.06 61048278.62 773301337.92
2. Increase in
the current period 11593321.67 11957558.38 1173467.04 3240416.94 27964764.03
(1) Provision 11593321.67 11957558.38 1173467.04 3240416.94 27964764.03
(2) Effect of
exchange rate
movements
3. Decrease in
the current period 135503075.29 324678225.96 4908395.15 16958405.87 482048102.27
(1) Disposal
or retirement 1662.50 123500.00 153427.15 278589.65
(2)Disposal
of Subsidiaries 135287290.20 324491424.75 4762698.96 16654122.60 481195536.51
Transferred Out
(3) Exchange
Rate Fluctuations 215785.09 185138.71 22196.19 150856.12 573976.11
4. Closing
balance 136486097.62 115671409.42 19730202.95 47330289.69 319217999.68
III. Impairment
allowances
1. Opening
balance
2. Increase in
the current period
(1)
Established
3. Decrease in
the current period
(1) Disposal
or retirement
4. Closing
balance
IV. Carrying
amount
1. Closing
carrying amount 420282179.70 114730487.63 7622780.10 20054550.35 562689997.78
2. Opening
carrying amount 817495181.10 225530165.49 12114662.65 29002885.84 1084142895.08
17. Construction in progress
Unit: RMB yuan
Item Closing balance Opening balance
Construction in progress 76731186.24 195841811.75
Total 76731186.24 195841811.75
Page 195 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(1) Particulars about construction in progress
Unit: RMB yuan
Closing balance Opening balance
Item Impairment Carrying Impairment Carrying
Gross amount Gross amount
allowance amount allowance amount
Plants and
buildings 75451743.44 75451743.44 171354681.25 171354681.25
Equipment
installation 1279442.80 1279442.80 24487130.50 24487130.50
Total 76731186.24 76731186.24 195841811.75 195841811.75
(2) Changes in substantial construction in progress in the current period
Unit: RMB yuan
Transf Cumul Of Interes
erred Other ative Cumul which: t
Increas
Openi to decrea Closin project ative Capital capital
e in Project Fundin
ng fixed ses in g invest capital ized ization
Project Budget the progre g
balanc assets the balanc ment ized interes rate for
current ss source
e in the current e as a % interes t in the the
period
current period of the t current current
period budget period period
Dongf
ang
Precisi
on -
Nanhai Loans
Water 80000 75387 75387 from
Resour 94.23 Financ000.0 620.5 620.5 ial
ces %0 2 2 Institut
Bureau ions
Bafang
Art
Center
Project
Parsun
Power
- Plant 25604 13243 1260230973 95132 98.54
Constr 3300. 593.8 007.9
Others
4.510.38%
uction 00 0 3
Project
Tiru?a
S.L.U.-
Corrug
ated 71697 6971 6971
343.9 Othersroller 076.92 076.92
produc 0
tion
equip
ment
Fosber
334898244682446
Group
3650. 778.8 778.8 Others
–Plant
0088
Constr
Page 196 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
uction
Project
1779216062
71842205639224
Others 741.6 849.3
5.77072.745.34
32
7426319584146581054876731
Total 10284293. 1811. 080.6 0705. 186.2
160.28
90757124
18. Right-of-use assets
Unit: RMB yuan
Item Buildings and constructions Transportation equipment Total
I. Gross amount
1. Opening balance 133657643.52 45330955.66 178988599.18
2. Increase in the current
period 3031035.44 3031035.44
(1) Increase in the
current period 3031035.44 3031035.44
(2) Disposition of
Subsidiaries Transferred Out 91575752.08 42985251.38 134561003.46
(3) Effect of exchange
rate movements 230088.50 230088.50
3. Decrease in the current
period 91575752.08 42613703.65 134189455.73
(1) Disposal 141459.23 141459.23
4. Closing balance 45112926.88 2345704.28 47458631.16
II. Accumulated depreciation
1. Opening balance 80716408.37 28947893.45 109664301.82
2. Increase in the current
period 6034433.34 1365630.53 7400063.87
(1) Established 6034433.34 1365630.53 7400063.87
3. Decrease in the current
period 55513234.99 29126217.73 84639452.72
(1) Disposal 65739.58 65739.58
55513234.9928997440.8884510675.87
63037.2763037.27
4. Closing balance 31237606.72 1187306.25 32424912.97
III. Impairment allowances
1. Opening balance
2. Increase in the current
period
(1) Established
3. Decrease in the current
period
(1) Disposal
4. Closing balance
IV. Carrying amount
1. Closing carrying amount 13875320.16 1158398.03 15033718.19
Page 197 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
2. Opening carrying
amount 52941235.15 16383062.21 69324297.36
19. Intangible assets
(1) Particulars about intangible assets
Unit: RMB yuan
Item Land use rights Patent rights Non-patented Land Trademarks andtechnologies ownership software Total
I. Gross amount
1. Opening
balance 177815306.24 144203457.37 17619881.49 236720062.01 576358707.11
2. Increase in
the current 790443.51 790443.51
period
(1)
Purchases 790443.51 790443.51
(2)
Internal R&D
(3)
Increase in
business
combination
3. Decrease
in the current 67800939.31 68608760.02 17619881.49 197880390.06 351909970.88
period
(1)
Disposal 3602.57 3602.57
(2)
Disposition of
Subsidiaries 67800939.31 68603507.84 17619881.49 194607545.40 348631874.04
Transferred Out
(3) Effect
of exchange 5252.18 3269242.09 3274494.27
rate movements
4. Closing
balance 110014366.93 75594697.35 39630115.46 225239179.74
II. Accumulated
amortization
1. Opening
balance 36585934.42 100935673.98 71894603.44 209416211.84
2. Increase in
the current
period
(1)
Provision 1634677.81 2176206.33 4951071.49 8761955.63
3. Decrease
in the current
period
(1)
Disposal 3602.57
(2)
Disposition of
Subsidiaries 5406990.51 38227374.75 51807588.52 95441953.78
Transferred Out
Page 198 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(3) Effect
of exchange 1579.20 3256734.52 3258313.72
rate movements
4. Closing
balance 32813621.72 64882926.36 21777749.32 119474297.40
III. Impairment
allowances
1. Opening
balance
2. Increase in
the current
period
(1)
Established
(2) Effect of
exchange rate
movements
3. Decrease
in the current
period
(1)
Disposal
4. Closing
balance
IV. Carrying
amount
1. Closing
carrying 77200745.21 10711770.99 17852366.14 105764882.34
amount
2. Opening
carrying 141229371.82 43267783.39 17619881.49 164825458.57 366942495.27
amount
20. Goodwill
(1) Gross amounts of goodwill
Unit: RMB yuan
Increase in the current period Decrease in the current period
Investee or item
generating Opening Generated due Effect of Effect ofbalance Closing balancegoodwill to business exchange rate Disposal exchange rate
combination movements movements
Parsun Power 208031946.10 208031946.10
EDF 72301129.52 4112178.87 68188950.65
Fosber Group 169079586.07 169079586.07
QCorr 14335877.78 14335877.78
Wonder Digital 119422168.56 119422168.56
Total 583170708.03 183415463.85 4112178.87 395643065.31
(2) Impairment allowances for goodwill
Unit: RMB yuan
Investee or item Opening Increase in the current period Decrease in the current period
balance Closing balancegenerating Provision Effect of Disposal Effect of
Page 199 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
goodwill exchange rate exchange rate
movements movements
Parsun Power 61855054.35 61855054.35
EDF 72301129.52 4112178.87 68188950.65
Wonder Digital 54696152.93 54696152.93
Total 188852336.80 4112178.87 184740157.93
21. Long-term prepaid expenses
Unit: RMB yuan
Item Opening balance Increase in the Amortization incurrent period the current period Other decreases Closing balance
Plant decoration
expenditures 922876.51 11855195.72 721370.43 53607.46 12003094.34
Expenditures on
plant supporting 897309.32 3345234.55 125335.48 94159.16 4023049.23
engineering
Office decoration
expenditures 1608928.07 10421033.76 846613.01 13663.36 11169685.46
Amortization of
moulds 14640739.68 3441293.45 2584258.03 15497775.10
CE Service Fee 316131.68 1383942.70 82997.64 14083.01 1602993.73
Others 1215450.49 144815.95 51594.85 1019039.69
Total 19601435.75 30446700.18 4505390.54 227107.84 45315637.55
Other information:
22. Deferred tax assets/liabilities
(1) Deferred tax assets before offsetting
Unit: RMB yuan
Closing balance Opening balance
Item Deductible temporary Deferred tax assets Deductible temporarydifferences differences Deferred tax assets
Asset impairment
allowances 33987523.06 7703714.23 53826064.24 11356429.16
Internal unrealized
profit 30996877.84 7439250.68
Deductible loss 4635586.23 947038.86 860769498.31 131218404.06
Provisions—after-sales
maintenance service 3788634.94 915818.87 140926695.31 37075641.76
charges
Deferred income 12215341.66 3053835.42 13073671.66 1961050.75
Accrued expenses 25142687.13 6282364.69 82816946.81 18934332.98
Equity incentives 37351634.34 8038551.65 26132389.63 3919858.44
Credit impairment
allowances 16645561.52 3549583.55 37066001.20 8042261.63
Lease liabilities 12342137.90 3055191.72 71507596.87 18803539.96
Changes in the fair
value of financial
instruments measured
at fair value with 362634.46 87032.27
changes recognized in
profit or loss
Others 7354831.01 1561430.62 92394598.15 26027616.92
Page 200 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Total 153463937.79 35107529.61 1409872974.48 264865418.61
(2) Deferred tax liabilities before offsetting
Unit: RMB yuan
Closing balance Opening balance
Item Taxable temporary Deferred tax liabilities Taxable temporarydifferences differences Deferred tax liabilities
Increase in value in
asset valuation in
business combination 22769983.20 3415497.48 30652458.94 5207662.83
not involving entities
under common control
Financial assets at fair
value through profit or 176794535.19 44188822.92 101116916.41 15213718.56
loss
Depreciation difference
of fixed assets 27297545.08 4094631.76 64814194.19 11598415.74
Right-of-use assets 15033718.19 2496605.07 67737035.60 17867316.27
Others 4741958268.10 758713322.90 154666171.68 37294076.58
Total 4983854049.76 812908880.13 418986776.82 87181189.98
(3) Net balances of deferred tax assets/liabilities after offsetting
Unit: RMB yuan
Offset amount between Closing balance of Offset amount between Opening balance of
Item deferred tax assets and deferred tax assets or deferred tax assets and deferred tax assets orliabilities as at the liabilities after liabilities as at the liabilities after
period-end offsetting period-begin offsetting
Deferred tax assets 31207938.00 3899591.60 84220398.65 180645019.96
Deferred tax liabilities 31207938.00 781700942.13 84220398.65 2960791.33
(4) Breakdown of deferred tax assets unrecognized
Unit: RMB yuan
Item Closing balance Opening balance
Deductible temporary differences 6208454.05 11690059.28
Deductible losses 61093602.47 150015919.04
Total 67302056.52 161705978.32
(5) Deductible losses not recognized as deferred tax assets will expire as follows
Unit: RMB yuan
Year Closing amount Opening amount Remark
2026493437.203731975.64
20272246973.2856537461.65
20281084001.7129186126.05
20293008837.057085759.80
203023626368.7118781181.30
203112910093.863966101.35
203211660909.7012910093.86
20334894579.2411660909.70
Page 201 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
2034931768.064162288.09
2035236633.661994021.60
Total 61093602.47 150015919.04
23. Other non-current assets
Unit: RMB yuan
Item Closing balance Opening balance
Prepayment for
acquisition of
long-term 35555383.69 29516058.00
assets
Others 66636.40
Total 35555383.69 29582694.40
24. Assets with restricted ownership or right of use
Unit: RMB yuan
Item Closing balance Opening balance
Cash and
bank 40684556.30 Deposit pledge and 84620149.30
balances freezing Deposit pledge and freezing
Fixed
assets 63466811.34Mortgage Mortgage
Total 40684556.30 148086960.64
25. Short-term borrowings
(1) Short-term borrowings by type
Unit: RMB yuan
Item Closing balance Opening balance
Credit loan 98707300.00 175365489.83
Bills discounted 10150520.00
Total 98707300.00 185516009.83
26. Derivative financial liabilities held for trading
Unit: RMB yuan
Item Closing balance Opening balance
Option repurchase obligation 93739278.69
Foreign exchange derivatives 42027.78 44562.29
Total 42027.78 93783840.98
27. Notes payable
Unit: RMB yuan
Type Closing balance Opening balance
Bank acceptance notes 238360751.76 241390245.31
Total 238360751.76 241390245.31
Page 202 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
28. Accounts payable
(1) Breakdown of accounts payable
Unit: RMB yuan
Item Closing balance Opening balance
Purchases of inventories 386113800.50 936107613.22
Total 386113800.50 936107613.22
29. Other payables
Unit: RMB yuan
Item Closing balance Opening balance
Interest Payable 0.00
Dividends Payable 895860.00 0.00
Other payables 114194570.60 113131531.51
Total 115090430.60 113131531.51
（1） Other payables
Unit: RMB yuan
Item Closing balance Opening balance
Accrued expenses 35837943.24 67281749.54
Equipment Engineering Payment 49535500.92 14762746.26
Sales Rebates 6671188.16 7164208.60
Equity acquisition 3000000.00 3000000.00
Employee Expenses 43636.42 3538481.22
Accounts Receivable and Payable 7363745.22 3132927.29
Others 11742556.64 14251418.60
Total 114194570.60 113131531.51
30. Contract liabilities
Unit: RMB yuan
Item Closing balance Opening balance
Contract liabilities 181926384.72 458557878.31
Total 181926384.72 458557878.31
31. Employee benefits payable
(1) Breakdown of employee benefits payable
Unit: RMB yuan
Item Opening balance Increase in the current Decrease in the currentperiod period Closing balance
I. Short-term benefits 148610726.32 302559498.43 406315215.23 44855009.52
II. Retirement benefits-
defined contribution 14957803.80 34394958.23 48251470.02 1101292.01
schemes
Total 163568530.12 336954456.66 454566685.25 45956301.53
Page 203 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(2) Breakdown of short-term benefits
Unit: RMB yuan
Item Opening balance Increase in the current Decrease in the currentperiod period Closing balance
1. Salaries bonuses
allowances and 141121539.37 278069680.02 377570880.00 41620339.39
subsidies
2. Employee welfare 6393842.65 6503900.87 10549698.17 2348045.35
3. Social security
contributions 336086.16 13180340.50 13076509.13 439917.53
Including: medical
insurance 178907.79 8346332.96 8357359.51 167881.24
Work
injury insurance 139974.26 4467721.33 4353483.58 254212.01
Maternit
y insurance 17204.11 366286.21 365666.04 17824.28
4. Housing funds 625447.00 3817618.78 4264836.78 178229.00
5. Labour union funds
and employee 133811.14 987958.26 853291.15 268478.25
education funds
Total 148610726.32 302559498.43 406315215.23 44855009.52
(3) Breakdown of defined contribution schemes
Unit: RMB yuan
Item Opening balance Increase in the current Decrease in the currentperiod period Closing balance
1. Basic endowment
insurance 14939535.48 34040108.81 47897083.77 1082560.52
2. Unemployment
insurance 18268.32 354849.42 354386.25 18731.49
Total 14957803.80 34394958.23 48251470.02 1101292.01
32. Tax payable
Unit: RMB yuan
Item Closing balance Opening balance
Value-added tax 11085556.68 6127728.27
Corporate income tax 107896938.58 24069274.37
Individual income tax 835786.83 15242513.30
City maintenance and construction tax 288669.53 238262.37
Education surcharge 207014.70 170299.17
Stamp duties 39000.00 90981.14
Property tax 1882962.46 231627.07
Land use tax 229625.20 54812.80
Others 603.87 1579.75
Total 122466157.85 46227078.24
33. Current portion of non-current liabilities
Unit: RMB yuan
Item Closing balance Opening balance
Page 204 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Current portion of long-term borrowings 14147153.70 36765023.03
Current portion of lease liabilities 8107697.01 19835134.48
Current portion of Estimated Liabilities
Due 4022157.43 36412325.53
Total 26277008.14 93012483.04
34.Other current liabilities
Unit: RMB yuan
Item Closing balance Opening balance
Output tax to be written off 9252802.44 11073335.15
Endorsed notes receivable 9938458.33 36223750.65
Total 19191260.77 47297085.80
35. Long-term borrowings
(1) Long-term borrowings by type
Unit: RMB yuan
Item Closing balance Opening balance
Collateralized loan 1462147.56 38819431.24
Guaranteed loan 67158799.10
Credit loan 22715611.76 41772090.29
Less: Current portion of long-term
borrowings -14147153.70 -36765023.03
Total 10030605.62 110985297.60
36. Lease liabilities
Unit: RMB yuan
Item Closing balance Opening balance
Lease liabilities 12342137.90 73202376.35
Less: Current portion of non-current
liabilities -8107697.01 -19835134.48
Total 4234440.89 53367241.87
37. Long-term employee benefits payable
(1) Long-term employee benefits payable
Unit: RMB yuan
Item Closing balance Opening balance
Retirement benefits- net liabilities of
defined benefit schemes 3648616.35 13689047.85
Total 3648616.35 13689047.85
(2) Movements in the present value of defined benefit obligations are as follows:
Unit: RMB yuan
Page 205 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Item Closing balance Opening balance
Opening balance 13689047.85 13128052.34
Included in profit or loss -171003.90 1076443.53
Current service cost 653197.25
Net interest -171003.90 423246.28
Included in other comprehensive income -33990.62
Actuarial gains or losses -33990.62
Other changes -9869427.60 -481457.40
Benefits paid -1708034.36
Effect of exchange rate movements -224596.45 1226576.96
Disposal of Subsidiary Transfers Out -9644831.15
Closing balance 3648616.35 13689047.85
38. Provisions
Unit: RMB yuan
Item Closing balance Opening balance Reason for provision
Product quality warranty 279548.42 104514369.78
Others 9384812.37
Total 279548.42 113899182.15
39. Deferred income
Unit: RMB yuan
Increase in the Decrease in the Reason for
Item Opening balance Closing balance
current period current period deferred income
Government grants 13073671.66 858330.00 12215341.66
Total 13073671.66 858330.00 12215341.66
40. Other non-current liabilities
Unit: RMB yuan
Item Closing balance Opening balance
Other Partners' Interests 4085660.89 4085927.06
Other 403277.20
Total 4085660.89 4489204.26
41. Share capital
Unit: RMB yuan
Increase/decrease in the current period
Shares as
Opening Shares as dividend Closing
balance dividendNew issues converted Others Subtotal balance
converted
from capital
from profit
surplus
Total share 121728634 121728590
capital -432.00 -432.000.00 8.00
Page 206 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Other information:
In the current period the Company retired a total of 432shares reducing its total share capital from 1217286340
shares to1217285908 shares.
42. Capital surplus
Unit: RMB yuan
Increase in the current Decrease in the current
Item Opening balance Closing balance
period period
Capital premium (share
premium) 2796167505.64 7369855.15 44017929.85 2759519430.94
Other capital surplus 174392049.53 16404729.72 190796779.25
Total 2970559555.17 23774584.87 44017929.85 2950316210.19
43. Treasury shares
Unit: RMB yuan
Increase in the current Decrease in the current
Item Opening balance Closing balance
period period
Share repurchase 115233041.40 44018361.85 71214679.55
Total 115233041.40 44018361.85 71214679.55
Other information including changes in the current period and reasons for changes:
The decrease in treasury shares was mainly due to the share retirement (as stated in Item 42 under Note VII).
44. Other comprehensive income
Unit: RMB yuan
Amount generated in the current period
Less: Less:
amount amount
After-
previously previously
tax
Amount recognized recognized
Less: After-tax amount
Opening before in other in other Closing
Item Incom amount attributa
balance income tax comprehen comprehen e tax attributable ble to balance
generated in sive income sive income
expen to the non-
the current and and
se parent controlli
period currently currently
ng
transferred transferred
interests
to profit or to retained
loss earnings
I. Other
comprehens
ive income
that will not 1325710.0 1595772.6
be 270062.55 270062.558 3
reclassified
to profit or
loss
Of which:
Changes
1325710.01595772.6
due to 270062.55 270062.55
83
remeasure
ment of
Page 207 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
defined
benefit
schemes
II. Other
comprehens
ive income - - -
that will be 10450325 67749488.20506285 27281234 8913.95 16830908
reclassified 9.74 976.14 5.11 5.37
to profit or
loss
Differences
arising
from the
translation - - -10454723 67749488.of foreign 20506285 27281234 8913.95 1682651131.81 97
currency- 6.14 5.11 .30
denominate
d financial
statements
Others -43972.07 -43972.07
Total other - - -
comprehens 10582896 67749488.20479279 27254228 8913.95 16671331
ive income 9.82 973.59 2.56 2.74
45. Special reserve
Unit: RMB yuan
Increase in the current Decrease in the current
Item Opening balance Closing balance
period period
Expenses for safety
production 19695621.80 1472484.53 7850801.41 13317304.92
Total 19695621.80 1472484.53 7850801.41 13317304.92
46. Surplus reserves
Unit: RMB yuan
Increase in the current Decrease in the current
Item Opening balance Closing balance
period period
Statutory surplus
reserves 77653941.80 100683838.30 178337780.10
Total 77653941.80 100683838.30 178337780.10
47. Retained earnings
Unit: RMB yuan
Item Current period Last year
Opening retained earnings before
adjustment 1498026493.81 956837409.23
Opening retained earnings after
adjustment 1498026493.81 956837409.23
Page 208 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Add: Net profit attributable to owners of
the parent in the current period 3846229995.51 725259219.97
Deduction: Withdrawal from the
statutory retained earnings reserve 100683838.30 25822967.35
Common stock dividends payable 51126004.89 158247168.04
Other 162150928.74
Closing retained earnings 5354597574.87 1498026493.81
48. Operating revenue and costs
Unit: RMB yuan
H1 2026 H1 2025
Item
Revenue Costs Revenue Costs
Principal operations 1674624660.79 1284529660.40 2133028573.92 1490792871.18
Other operations 16232988.75 9710358.04 25928283.96 20825342.27
Total 1690857649.54 1294240018.44 2158956857.88 1511618213.45
Information related to contract performance obligations:
Timing of
satisfaction Nature ofSignificant goods Whether the Expected
Types of
of refunds to warranties
performance payment terms promised to principal customers and related
obligations transfer obligations
Sales of Upon 20%-90% Sales of Yes Nil Statutory
goods delivery payment before machinery and warranties
delivery parts
Provision During After service Installation and Yes Nil Nil
of service maintenance
services service
Provision During Payment based Warranties for Yes Nil Nil
of service on service services
services progress
Information related to the transaction price allocated to residual performance obligations:
At the end of the Reporting Period the amount of revenue corresponding to performance obligations that had been
contracted but not yet performed or fulfilled was RMB181926384.72 of which RMB181926384.72 is expected to be
recognized by 2026.
49. Taxes and surcharges
Unit: RMB yuan
Item H1 2026 H1 2025
City maintenance and construction tax 4013837.98 5608669.25
Education surcharge 2870289.82 4015060.58
Property tax 3422944.89 2406619.56
Land use tax 284438.00 284438.01
Vehicle and vessel use tax 19850.71 10440.32
Stamp duties 1485257.10 586862.29
Others 34422.66 85835.74
Total 12131041.16 12997925.75
Page 209 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
50. Administrative expenses
Unit: RMB yuan
Item H1 2026 H1 2025
Employee benefits and Share-Based
Payment Expense 116063432.75 106336531.67
Depreciation and amortization expenses 14264863.48 15880784.42
Intermediary expenses 14157425.16 19664878.44
Office expenses 4176501.62 9810563.38
Travel and reception expenses 5467729.95 6711853.55
Conference expenses 4283914.56 7169997.99
Rental expenses 372095.42 3243315.52
Property Management Fees 2195431.52 2530123.31
Car Expenses 463774.51 470724.03
Repair and Maintenance Costs 428998.20 539646.51
Material Consumption 894870.14 151053.57
Other expenses 10205040.07 16166516.28
Total 172974077.38 188675988.67
51. Selling expenses
Unit: RMB yuan
Item H1 2026 H1 2025
Employee benefits and Share-Based
Payment Expense 30565976.11 38471760.90
Commissions and agency fees 16196425.67 19522157.45
Advertising and exhibition expenses 7592811.72 9934583.53
Travel expenses 5706682.75 6145358.97
Depreciation and amortization expenses 804662.15 1069806.83
Shipping Costs and Import/Export
Surcharges 180918.71 91536.27
Office expenses and Other expenses 6950643.24 6137692.17
Total 67998120.35 81372896.12
52. R&D expenses
Unit: RMB yuan
Item H1 2026 H1 2025
Employee benefits and equity incentive 32604350.20 38549100.64
Depreciation and amortization expenses 4051116.34 5494745.00
Material expenses 2306884.29 4561308.84
Utility Bills 884981.40 588134.54
Assembly Inspection and
Commissioning Fees 650841.27 113185.28
Other expenses 3258475.69 4205149.56
Total 43756649.19 53511623.86
53. Finance costs
Unit: RMB yuan
Item H1 2026 H1 2025
Page 210 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Interest expenses 3716297.15 5246608.14
Less: Interest income 37528711.87 25618916.20
Exchange gains and losses 33966313.06 -1418011.27
Others 2159039.44 2145166.08
Total 2312937.78 -19645153.25
54. Other income
Unit: RMB yuan
Source of other income H1 2026 H1 2025
Government grants 3516880.06 10208069.85
Handling charges for individual income
tax withheld 676265.15 259663.01
55. Gains and losses on changes in fair value
Unit: RMB yuan
Source of gains and losses on changes in
H1 2026 H1 2025
fair value
Financial assets held for trading 250694118.85 9856867.83
Derivative financial assets -4790596.25 369736.80
Fair value changes in minority
shareholders' call/put options 0.00 -1074393.44
Total 245903522.60 9152211.19
56. Investment income
Unit: RMB yuan
H1 2026 H1 2025
Income from long-term equity
investments measured at equity method -1904606.82 -1762058.16
Investment Income Arising from the
Disposal of Long-Term Equity 4384651647.10
Investments
Income from financial assets held for
trading 1091170.69 147502487.00
Investment income from the disposal of
financial assets held for trading 170425218.05
Discount rate on bills -57471.46
Total 4554263429.02 145682957.38
57. Credit impairment loss
Unit: RMB yuan
Item H1 2026 H1 2025
Loss on doubtful accounts receivable -1834810.51 -3298010.87
Loss on doubtful other receivables -376795.77
Loss on doubtful long-term receivables 81255.64 -104224.44
Total -1753554.87 -3779031.08
Page 211 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
58. Asset impairment loss
Unit: RMB yuan
Item H1 2026 H1 2025
Inventory valuation loss and loss on
impairments of contract performance -1322667.32 -8807387.63
costs
Impairment Loss on Long-Term Equity
Investments -9720458.47
Loss on impairments of contract assets -32383.36 -211449.17
Total -11075509.15 -9018836.80
59. Gains on disposal of assets
Unit: RMB yuan
Source of gains on disposal of assets H1 2026 H1 2025
Profit on disposal of fixed assets -10305.21 -32823.11
Total -10305.21 -32823.11
60. Non-operating income
Unit: RMB yuan
Amount recognized in
Item H1 2026 H1 2025
exceptional gains and losses
Others 1887701.46 1552164.28 1887701.46
Total 1887701.46 1552164.28 1887701.46
61. Non-operating expenses
Unit: RMB yuan
Amount recognized in
Item H1 2026 H1 2025
exceptional gains and losses
Donations 424298.37 160901.71 424298.37
Loss on disposal of non-
current assets 0.00 275738.17
Others 785109.79 864055.63 785109.79
Total 1209408.16 1300695.51 1209408.16
62. Income tax expenses
(1) Income tax expenses
Unit: RMB yuan
Item H1 2026 H1 2025
Current income tax expenses 126377281.41 32685368.80
Deferred income tax expenses 899385697.95 34566640.39
Total 1025762979.36 67252009.19
Page 212 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(2) Reconciliation between accounting profit and income tax expenses
Unit: RMB yuan
Item H1 2026
Gross profit 4889643826.14
Income tax calculated at statutory/applicable tax rates 1222410956.54
Different tax rates for specific provinces or enacted by local
authority -119571646.11
Adjustment to income tax in previous periods 15469931.32
Impact of Non-Taxable Income 0.00
Costs expenses and losses not deductible for tax 2002872.63
Utilization of deductible losses on previously unrecognized
deferred tax assets -84954789.57
Effect of deductible temporary differences or deductible losses
on current unrecognized deferred tax assets -8298112.81
Over-deduction of the taxable profit amount for R&D -1296232.64
Income tax expenses 1025762979.36
63. Other comprehensive income
See Item 44 under Note VII.
64. Line items of the cash flow statement
(1) Cash related to operating activities
Cash generated from other operating activities
Unit: RMB yuan
H1 2026 H1 2025
Current accounts and others 4590249.82 4496284.68
Interest income 37528711.87 18327998.79
Government grants 9612449.19 4954251.97
Deposits and Guarantees 1830344.19
Total 51731410.88 29608879.63
Cash used in other operating activities
Unit: RMB yuan
H1 2026 H1 2025
Selling expenses in cash 37384808.16 56080945.90
Administrative expenses in cash 61584252.14 66613404.21
R&D expenses in cash 4794298.36 4906469.27
Current accounts and others 16202693.15 18741307.39
Deposits and Guarantees 1863542.00
Total 121829593.81 146342126.77
(2) Cash related to investing activities
Cash generated from other investing activities
Unit: RMB yuan
H1 2026 H1 2025
Page 213 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Futures Investment deposit 9995455.81 79323058.18
Other 22861660.08
Total 32857115.89 79323058.18
Cash received relating to significant investing activities
Unit: RMB yuan
H1 2026 H1 2025
Disposal/redemption of financial assets
held for trading 4013531216.53 1834186979.20
Major Asset Disposal 5790942499.31
Recovery of equity investments 0.00 5000000.00
Total 9804473715.84 1839186979.20
Cash used in other investing activities
Unit: RMB yuan
H1 2026 H1 2025
Investment deposit 28837.37 114510889.33
Total 28837.37 114510889.33
Cash payments relating to significant investing activities
Unit: RMB yuan
H1 2026 H1 2025
Purchase of financial assets held for
trading 5369209854.90 1179018063.04
Purchase of equity investments 193502428.42 173911701.08
Total 5562712283.32 1352929764.12
(3) Cash related to financing activities
Cash generated from other financing activities
Unit: RMB yuan
H1 2026 H1 2025
Bank Accepted Bill Security Deposit 0.00 36583685.28
Disposal of a Portion of the Subsidiary's
Equity to Minority Shareholders 5000000.00 0.00
Total 5000000.00 36583685.28
Cash used in other financing activities
Unit: RMB yuan
Item H1 2026 H1 2025
Share repurchase 950213.00
Security deposits for bank acceptance
notes 21287776.25
Rental and interest paid 8298209.70 10767407.23
Total 8298209.70 33005396.48
Changes in liabilities arising from financing activities:
□Applicable □Not Applicable
Unit: RMB yuan
Page 214 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
increase in the current period decrease in the current period
Closing
Opening Changes in Non-cash Changes in Non-cash balance
balance cash changes cash changes
Short-term
borrowing 185516009.83 89464200.00 132729000.00 43543909.83 98707300.00
Long-term
borrowings
(Including
current portion 147750320.63 37422161.05 86150400.26 24177759.32
of long-termborrowings）
Lease liabilities
(Including
current portion 73202376.35 8298209.70 52562028.75 12342137.90
of non-current
liabilities)
Total 406468706.81 89464200.00 178449370.75 182256338.84 135227197.22
65. Supplemental information on statement of cash flows
(1) Supplemental information on statement of cash flows
Unit: RMB yuan
Supplementary information H1 2026 H1 2025
1. Reconciliation of net profit to net cash
generated from/used in investing
activities:
Net profit 3863880846.78 415897033.30
Add: Asset impairment allowances 11075509.15 9018836.80
Credit impairment loss 1753554.87 3779031.08
Depreciation of fixed assets
depletion of oil and gas assets and 27964764.03 30591134.13
depreciation of productive living assets
Depreciation of right-of-use
assets 7400063.87 10407458.33
Amortization of intangible
assets 8761955.63 12495719.16
Amortization of long-term
prepaid expenses 4505390.54 4326216.60
Loss on the disposal of fixed
assets intangible assets and other long- 10103.26 32822.11
lived assets (“-” for gain)
Loss on the retirement of fixed
assets (“-” for gain) 275738.17
Loss on changes in fair value
(“-” for gain) -245903522.60 -9152211.19
Finance costs (“-” for income) 24689573.70 -22760867.82
Loss on investment (“-” for
income) -4554263429.02 -145682957.38
Decrease in deferred tax assets
(“-” for increase) 102436097.88 21901731.31
Increase in deferred tax 796949600.07 9808594.53
Page 215 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
liabilities (“-” for decrease)
Decrease in inventories (“-” for
increase) -175112917.30 -326376599.70
Decrease in operating
receivables (“-” for increase) 65552216.22 -95300243.26
Increase in operating payables
(“-” for decrease) 293477595.49 421387684.27
Others 24792687.72 14635350.91
Net cash generated from/used
in operating activities 257970090.29 355284471.35
2. Significant investing and financing
activities that involve no cash proceeds
or payments:
Conversion of debt to capital
Current portion of convertible
corporate bonds
Fixed assets leased in in finance
leases
3. Net changes in cash and cash
equivalents:
Closing balance of cash 6453001399.98 2404544660.13
Less: Opening balance of cash 1994298878.15 1652290548.55
Add: Closing balance of cash
equivalents
Less: Opening balance of cash
equivalents
Net increase in cash and cash
equivalents 4458702521.83 752254111.58
(2) Net cash from the disposal of subsidiaries received during the current period
Amount
Cash or cash equivalents received by the subsidiary being
disposed of during the current period 5790942499.31
Among them:
Disposal of 100% of the equity interests in Fosber Group
5790942499.31
Fosber Asia and Tiru?a Asia
Net Cash Received from the Disposal of a Subsidiary 5790942499.31
(3)Breakdown of cash and cash equivalents
Unit: RMB yuan
Item Closing balance Opening balance
I. Cash 6453001399.98 1994298878.15
Including: cash on hand 188454.67 388992.02
Bank deposits readily available 5976725229.63 1929620404.45
Other cash and bank balances
readily available 516772271.98 64289481.68
III. Closing balance of cash and cash 6453001399.98 1994298878.15
Page 216 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
equivalents
66. Monetary items in foreign currencies
(1) Monetary items in foreign currencies
Unit: RMB yuan
Closing balance in foreign
Item Exchange rate Closing balance in RMB
currency
Cash and bank balances
Including: USD 25673806.67 6.8109 174861729.85
EUR 494317325.61 7.7671 3839412099.75
HKD 3752283.02 0.8686 3259233.03
Singapore dollar 17064.00 5.2605 89765.17
Accounts receivable
Including: USD 6361600.75 6.8109 43328226.55
EUR 6720023.05 7.7671 52195091.03
HKD
Long-term borrowings
Including: USD
EUR 429324.41 7.7671 3334605.62
HKD
Accounts payable
Including: EUR 5251835.14 7.7671 40791528.72
Other receivables
Including: USD 27862.28 6.8109 189767.20
EUR 19791.90 7.7671 153725.67
HKD 216270.00 0.8686 187852.12
Short-term borrowings
Including: EUR 3000000.00 7.7671 23301300.00
Current portion of non-
current liabilities
Including: USD 73182.48 6.8109 498438.55
EUR 1359219.28 7.7671 10557192.07
Other payables
Including: USD 402809.63 6.8109 2743496.11
EUR 145855.85 7.7671 1132876.97
Lease liabilities
Including: USD 75634.61 6.8109 515139.77
EUR 200773.66 7.7671 1559429.09
Page 217 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Contract Assets
Including: USD 595000.00 6.8109 4052485.50
EUR 546566.32 7.7671 4245235.26
Financial Assets Held for
Trading
Including: USD 13183750.00 6.8109 89793202.88
HKD 1615602140.00 0.8686 1403312018.80
(2) Overseas business entities (for substantial overseas business entities the following information
shall be disclosed: principal place of business functional currency and basis for the choice change
of functional currency and reasons)
□Applicable □ Not applicable
Substantial overseas business Principal place of Functional
Basis for the choice
entity business currency
EDF Italy EUR Settlement currency for local businessoperations
Ⅷ R&D expenditure
Unit: RMB yuan
Classified by nature H1 2026 H1 2025
Employee benefit and Equity
incentive expense 32604350.20 38549100.64
Depreciation and amortization
expenses 4051116.34 5494745.00
Material expenses 2306884.29 4561308.84
Utility Bills 884981.40 588134.54
Assembly Inspection and
Commissioning Fees 650841.27 113185.28
Other expenses 3258475.69 4205149.56
Total 43756649.19 53511623.86
Of which：Expensed R&D
expenditure 43756649.19 53511623.86
Page 218 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Ⅸ Changes in the Scope of Consolidation
(1) Disposal of a Subsidiary
单位：元
The The
difference carrying
between the Percen amount Methodology
Criteri
proceeds tage of the and Key
a for
Dispos from the of remaini Assumptions for
Consid The Deter
ition How disposal and Remai ng The fair value of Gains or Determining the
eration Point mining
Ratio to the share of ning equity the remaining losses arising Fair Value of the
at the in the Amount of other comprehensive
at the Handle the Equity interest equity interest at from the Remaining
Time Time Point income related to equity investments in
Time the subsidiary’s as of at the the consolidated remeasuremen Equity Interest
of at in Atomic Corporation transferred to
of Loss net assets at the consolid financial t of the at the
Loss Which Time investment gains or losses or retained
Loss of the Date ated statements level remaining Consolidated
of Contro at earnings
of Contro consolidated of financial as of the date equity interest Financial
Contro l Is Which
Contro l financial Loss stateme control was lost at fair value Statements
l Lost Contro
l statement of nts level Level as of the
l Is
level Contr as of the Date of Loss of
Lost
corresponding ol date Control
to the control
investment is lost
1068 April No
Fosber 100.00
76008 Sale 9 control
812992242.1
0.00% 0.00 0.00 0.00 Not 0.00
Asia %
9.122026
5398 April No
Fosber 100.00 343392581
75485 Sale 9 control 0.00% 0.00 0.00 0.00 Not 67749488.97
S.p.A. %
1.012026
7.30
46261 April No
Tiru?a 100.00 69984098.7
927.7 Sale 9 control 0.00% 0.00 0.00 0.00 Not 0.00
Asia % 2
92026
Page 219 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(2) Changes in the scope of consolidation due to other reasons
Dongfang Digicom Data Technology Co. Ltd. completed its deregistration procedures during the reporting period and is no longer included in the scope of consolidation as of the date of its
deregistration.Ⅹ Interests in Other Entities
1. Interests in subsidiaries
Particulars of the subsidiaries of the Company are as follows:
Principal place Place of Business Registered The Company’s
of business registration nature capita interest(%)
Direct Indirect
Subsidiaries acquired by way of incorporation or investment
Dongfang Precision (HK) HK HK Trading USD300000 100.00 -
Dongfang Precision (Netherland) Netherland Netherland Trading EUR40000 90.00 10.00
Suzhou High-Tech Zone Jinquan Business Management Partnership Suzhou Suzhou
(Limited Partnership)*(“High-Tech Zone Jinquan”) Jiangsu China Jiangsu China Investment RMB10553000 - 30.17Suzhou Parsun Power Technology Co. Ltd. (“Parsun Power Suzhou SuzhouTechnology”) Jiangsu China Jiangsu China Trading RMB10million - 71.14Suzhou Baisheng International Trade Co. Ltd. (“Baisheng Suzhou SuzhouInternational”) Jiangsu China Jiangsu China Trading RMB3 million - 71.14
Suzhou Suzhou
Tide International Jiangsu China Jiangsu China Trading RMB500000 71.14
Suzhou Suzhou
Xuanliu International Jiangsu China Jiangsu China Trading RMB500000 71.14
Suzhou Suzhou
Yuanqi International Jiangsu China Jiangsu China Trading RMB500000 71.14
Suzhou Suzhou
Cangshu International Jiangsu China Jiangsu China Trading RMB500000 71.14
Page 220 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Suzhou Suzhou
Xunce International Jiangsu China Jiangsu China Trading RMB500000 71.14
Beijing Lanfengyin Trading Co. Ltd. Beijing China Beijing China Trading RMB50000 71.14
Haikou Hainan Haikou Hainan China Industrial
Dongfang Digicom Data Technology Co. Ltd. (“Dongfang Digicom”) China Internet RMB100 million 100.00 -
Haikou Hainan Haikou Hainan China
Hainan Yineng Investment Co. Ltd. (“Yineng Investment”) China Investment RMB100 million 100.00 -Dongfang Yineng International Holdings Co. Ltd. (“Yineng Foshan FoshanInternational”) Guangdong China Guangdong China Investment RMB50 million 100.00 -
Tianjin Hangchuang Zhijin Investment Partnership (Limited Partnership) Tianjin China Tianjin China
(“Tianjin Hangchuang”) Investment RMB21 million 95.24 -
Changzhou Xinchen Investment Partnership (Limited Partnership) Changzhou Changzhou
(“Changzhou Xinchen”) Jiangsu China Jiangsu China Investment RMB50.6 million - 94.86
Changzhou Xinchen 2 Investment Partnership (Limited Partnership) Changzhou Changzhou
(“Changzhou Xinchen2”) Jiangsu China Jiangsu China Investment RMB24.1 million - 94.86
Oriental Precision Machinery Limited (Hong Kong) HK HK Investment HKD10000 100.00
DongFang Primo Foshan Foshan
Guangdong China Guangdong China Manufacturing RMB100 million 75.00
Yuanhang Holdings (Singapore) Limited Singapore Singapore Investment USD3000 100.00
Star Shine Precision Technology (Singapore) Limited Singapore Singapore Manufacturing USD3000 100.00
Suzhou Jiangsu Suzhou Jiangsu
Parsun Power China China Manufacturing RMB85.3 million 7.83 63.31
Suzhou Jiangsu Suzhou Jiangsu
Suzhou Shunyi Investment Co. Ltd. .(“Shunyi Investment”) China China Investment RMB10 million 100.00 -
EDF Italy Italy Manufacturing EUR100000 - 100.00
Shenzhen Shenzhen
Wonder Printing Guangdong China Guangdong China Manufacturing RMB31171949 51.00 -
Dongguan Dongguan
Dongguan Wonder Digital Machinery Co. Ltd. (“Wonder Digital”) Guangdong China Guangdong China Manufacturing RMB5million - 51.00
*According to the partnership agreement the general partner of the partnership shall execute partnership affairs and other partners shall not execute partnership affairs. As the sole
general partner the Company forms control over the partnership which is included in the scope of consolidation of the Group.Page 221 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
2. Interests in associates
The Company’s
Principal place Place of
Associates Business nature interest (%)
Accounting
of business registration method
Direct Indirect
Guangdong
Foshan Foshan
Jaten Robot &
Guangdong Guangdong Manufacturing 19.84% Equity method
Automation
China China
Co. Ltd.Nanjing NanjinJiangsu
Nanjing Profeta Jiangsu China China Manufacturing 15.00% 5.67% Equity method
Shenzhen Software and
Shenzhen Shenzhen
Ruoyu Information
Guangdong Guangdong 23.31% Equity method
Technology Technology
China China
Co. Ltd Services
Guizhou Nonferrous
Aerospace Zunyi Zunyi Metal Smelting
19.89% Equity method
Xinli Guizhou China Guizhou China and Rolling
Technology Co. Industry
Shenzhen Heju
Software and
Intelligent Shenzhen Shenzhen
Information
Control Guangdong Guangdong 15.00% Equity method
Technology
Technology China China
Services
Co. Ltd.Financial information of insignificant joint ventures and associates combined
Unit: RMB yuan
Closing balance/H1 2026 Opening balance/H1 2025
Joint ventures:
Totals based on the Company’s interests
Associates:
Total carrying amount of investments 289388342.68 302857592.30
Totals based on the Company’s interests
--Net profit -1904606.82 -1762058.16
--Total comprehensive income -1904606.82 -1762058.16
Other information:
As there is no obligation to bear additional losses the net losses incurred by the investee are recognized to
the extent that the book value of the long-term equity investment and other long-term interests that
substantially constitute the net investment in the investee are reduced to zero.Ⅺ. Government grants
1. Reasons for Failing to Receive the Expected Amount of Government Grants by the Expected Date.
2. Liabilities related to government subsidies
Accounting Opening New subsidy Amount Amount Other Closing Asset/income-
items balance amount included in transferred to changes balance related
Page 222 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
non- other income
operating
income
Deferred
income 13073671.66 858330.00 12215341.66
Asset -related
3. The government grants recognised in profit or loss are as follows:
Unit: RMB yuan
20262025
Government grants related to assets
Recognised as other income 858330.00 858330.00
Government grants related to income
Recognised as other income 2658550.06 9349739.85
Total 3516880.06 10208069.85
Ⅻ Risks Associated with Financial Instruments
1.Risks of financial instruments
The main risks arising from the Group's financial instruments are credit risk liquidity risk and market risk.The Group’s policies are summarised below.Credit risk
The Group transacts only with recognized and reputable third parties. According to the Group's policies
credit checks are needed for all customers that require transactions should be conducted by means of credit.Additionally the Group performs continuous monitoring of the balance of accounts receivable to ensure that
the Group will not face major bad debt risk. For transactions not settled in the accounting standard currency
of the relevant business unit unless specifically approved by the credit control department of the Group the
Group will not provide credit transaction conditions.Since the counterparties of cash and bank balances and notes receivable are banks with a good reputation and
high credit rating the credit risk of such financial instruments is low.Other financial assets of the Group mainly include accounts receivable other receivables and contract assets
the credit risk of which arises from counterparty default and the maximum risk exposure is equal to the
carrying value of these instruments.The Group transacts only with recognized and reputable third parties so no collateral is required. Credit risk
concentration is managed by customer/counterparty geographic region and industry. Because the customer
base of accounts receivable of the Group is widely dispersed in different departments and industries there is
no major credit risk concentration within the Group. The Group does not hold any collateral or other credit
enhancement on the balance of accounts receivable.Criteria for judging significant increases in credit risk
The Group assesses whether or not the credit risk of the relevant financial instruments has increased
significantly since the initial recognition at each balance sheet date. The Group's main criteria for
determining significant increase in credit risk are that the number of days past due exceed 30 days or one or
Page 223 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
more of the following indicators have changed significantly: significant adverse changes in the operating
environment of the debtor internal and external credit ratings and actual or expected operating results.Definition of credit-impaired financial assets
The Group's main criterion for determining that credit impairment has occurred is that the number of days
past due exceeds 90 days. However in some cases if internal or external information indicates that the
contract amount may not be recovered in full before considering any credit enhancements held the Group
will also consider that credit impairment has occurred.The credit impairment on a financial asset may be caused by the combined effect of multiple events and may
not be necessarily due to a single event.Liquidity risk
The Group aims to maintain sufficient cash and credit lines to meet its liquidity requirements. The Group
finances its working capital requirements through a combination of funds generated from operations and
other borrowings.Market Risk
Interest rate risk
The Group’s exposure to risk of changes in market interest rates relates primarily to the Group’s long-term
liabilities with floating interest rates.Exchange rate risk
The Group is exposed to trading exchange rate risks. Such exposures arise from sales or purchases by
business units in currencies other than the units’ functional currencies.The primary objective of the Group’s capital management is to safeguard the Group’s ability to continue as a
going concern and to maintain healthy capital ratios in order to support its business and maximize
shareholders’ value.The Group manages its capital structure and makes adjustments in the light of changes in economic
conditions and in the risk profiles of relevant assets. To maintain or adjust the capital structure the Group
may adjust the dividend payment to shareholders return capital to shareholders or issue new shares. The
Group is not subject to any externally imposed capital requirements. No changes were made in the
objectives policies or processes for managing capital during 2024 and 2023.XIII Disclosure of Fair Values
1. The closing fair value of assets and liabilities measured at fair value
Unit: RMB yuan
Closing fair value
Item Level 1 fair value Level 2 fair value Level 3 fair value
Total
measurement measurement measurement
Page 224 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
I. Continuous
measurement of fair -- -- -- --
value
(I) Financial assets
2205243932.052205243932.05
held for trading
3. Derivative financial
56925.0856925.08
assets
Receivables financing 9252829.33 9252829.33
Other non-current
906447128.50906447128.50
financial assets
Total assets
continuously measured 2205300857.13 9252829.33 906447128.50 3121000814.96
at fair value
Derivative financial
42027.7842027.78
liabilities
Other non-current
4085660.894085660.89
liabilities
Total liabilities
continuously measured 4127688.67 4127688.67
at fair value
II. Non-continuous
measurement of fair -- -- -- --
value
XIV Related Parties and Related-party Transactions
1. Parent
Interest in the
Name Relationship with the Company
Company (%)
Tang Zhuolin The Company’s controlling shareholder and one of the
(individual) actual controllers 21.26%
Tang Zhuomian The Company’s controlling shareholder and one of the
(individual) actual controllers 7.96%
The ultimate controllers of the Company are Tang Zhuolin and Tang Zhuomian.
2. Subsidiaries of the Company
See Item 1 under Ⅸ Interests in Other Entities
Page 225 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
3. Joint ventures and associates of the Company
For substantial joint ventures and associates of the Company see Item 2 under Ⅸ Interests in Other Entities
4. Other related parties
Other related parties Relationship with the Company
Tang Zhuolin chairman of the board
Qiu Yezhi Director and General Manager
Chen Huiyi Employee Representative Director
Li Ketian Independent Director
Feng Zhidong Independent Director
Tu Haichuan Independent Director
Feng Jia Director and Board Secretary Director and General Manager
Shao Yongfeng Chief Financial Officer and Vice President
5. Related-party transactions
(1) Related-party transactions involving the purchase and sale of goods and the provision and receipt of
services
单位：元
Has the transaction Transactions from
Details of Related- Transactions for Approved
Related Parties limit been the Previous
Party Transactions the Current Period Transaction Limit
exceeded Period
Purchasing Raw
Jaten Robot 7715272.82 No 0.00
Materials
(2)Remuneration of key management
Unit: RMB yuan
Item H1 2026 H1 2025
Remuneration of key management 4365435.01 7152918.40
6. Amounts Due From/To Related Parties
(1) Receivables
Closing Balance Opening Balance
Item Related Party Allowance for Allowance for
Carrying Amount Carrying Amount
Doubtful Accounts Doubtful Account
Other non-current
Jaten Robot 0.00 3079100.00
assets
Page 226 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(2) Payables
Item Related Party Closing Carrying Balance Opening Carrying Balance
Accounts payable? Jaten Robot 6563896.82 0.00
XV Share-based Payments
Unit: RMB yuan
1. Equity-settled share-based payments are as follows：
Unit: RMB yuan
Determination method of fair value of equity instruments at
grant date Based on the share price on the grant date minus the grant price
Important parameters of fair value of equity instruments at
grant date Share price at grant date and Grant Price
Make the best estimate of the number of vested employees
Basis for determining the number of vested equity instruments based on the latest information such as turnover rate and
substandard rate
Reasons for significant difference between current year's
None
estimate and prior year's estimate
Accumulated amount of equity-settled share-based payment
included in capital reserve 54539010.13
Total expense recognized for equity-settled share-based
payments during the period 16404729.72
2. Share-based payment expenses incurred during the year are as follows:
Unit: RMB yuan
Equity-settled share-based Cash-settled share-based
payment expenses payment expenses
Marketing 847074.66
management 13922042.46
R&D 1445839.14
Production&Operation 189773.46
Total 16404729.72
XVI Commitments and Contingencies
1. Substantial commitments
2. Contingencies
(1) Explain if the Company has no substantial contingencies that need to be disclosed
The Company had no substantial contingencies that needed to be disclosed.Page 227 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
XVII Events after the Balance Sheet Date
1. Other information on events after the balance sheet date
At the balance sheet date the Company had no events after the balance sheet date that are required to be disclosed.XVIII Other Significant Matters
1. Segment reporting
(1) Basis for the determination of reporting segments and accounting policies
For management purposes the Group divides its operations into two business units—Domestic and
Overseas—based on geographic location.
(2) Financial information of reporting segments
Unit: RMB yuan
Item Domestic entities Overseas entities Offset Total
Operating revenue 1076867364.69 727488305.66 -113498020.81 1690857649.54
Cost of sales 817794525.87 576679064.74 -100233572.17 1294240018.44
Total assets 7534790293.70 5462971490.99 -1197312104.21 11800449680.48
Total liabilities 2395936588.75 244968385.00 -590578394.14 2050326579.61
XIX Notes to Major Items in the Company Financial Statements
1. Accounts receivable
(1) Disclosure by the aging of accounts receivable
Unit: RMB yuan
age of accounts H1 2026 H1 2025
Within 1 year 161938545.45 251717447.95
1-2 years 7225872.17 2601281.04
2-3 years 2354848.81 2494932.75
Over 3 years 2308845.83 1608209.03
3-4 years 1058445.83
4-5 years 357809.03
Over 5 years 1250400.00 1250400.00
Total 173828112.26 258421870.77
Page 228 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(2) Disclosure classified by the bad debt provision methods
Unit: RMB yuan
Closing balance Opening balance
Gross amount Allowance Gross amount Allowance
Allowa Allowa
Type Carrying Carrying
Percent nce Percent nce
Amount Amount amount Amount Amount amount
age percent age percent
age age
Accounts
receivable
for which
the
allowance 1250400. 125040 100.00 1250400. 125040 100.00
0.72%0.48%
s are 00 0.00 % 00 0.00 %
establishe
d
individuall
y
Of which:
Accounts
receivable
for which
the
allowance 1250400. 125040 100.00 1250400. 125040 100.00
0.72%0.48%
s are 00 0.00 % 00 0.00 %
establishe
d
individuall
y
Accounts
receivable
for which
the 17257771 99.28 515981 16741789 25717147 99.52 490265 25226881
2.99%1.91%
allowance 2.26 % 2.87 9.39 0.77 % 7.68 3.09
s are
establishe
d by group
Of which:
Accounts
receivable
for which 17257771 99.28 515981 16741789 25717147 99.52 490265 252268812.99% 1.91%
2.26%2.879.390.77%7.683.09
the
allowance
Page 229 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
s are
establishe
d by group
with
similar
credit risk
characteris
tics
Total 17382811 100.00 641021 16741789 25842187 100.00 615305 252268813.69% 2.38%
2.26%2.879.390.77%7.683.09
Accounts receivable for which the allowances are established individually:
Unit: RMB yuan
H1 2026 H1 2025
ECL Reason for
Gross amount Allowance Gross amount Allowance (%) allowance
Customer’s
inability to
Customer 1 641600.00 641600.00 641600.00 641600.00 100.00%
settle the
amount due
Customer’s
inability to
Customer 2 608800.00 608800.00 608800.00 608800.00 100.00%
settle the
amount due
Total 1250400.00 1250400.00 1250400.00 1250400.00
Accounts receivable for which the allowances are established by group with similar credit risk characteristics are as follows:
Unit: RMB yuan
Closing balance
Item
Gross amount Allowance Allowance percentage
Within 1 year (inclusive) 161938545.45 1492071.94 0.92%
1-2 years (including 2 years) 7225872.17 1627582.47 22.52%
2-3 years (including 3 years) 2354848.81 981712.63 41.69%
3-4 years (including 4 years) 1058445.83 1058445.83 100.00%
Total 172577712.26 5159812.87
Basis for grouping：
Where allowances for doubtful accounts receivable are established using the general model of expected credit loss.□ Applicable□ Not applicable
(3) Allowances established or reversed in the current period
Allowances in the current period:
Unit: RMB yuan
Page 230 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Opening Change in the current period
Type Closing balance
balance Provision Reversed Written off Others
Allowances for
doubtful
6153057.68257155.196410212.87
accounts
receivable
Total 6153057.68 257155.19 6410212.87
As at 30 June 2026 the top five accounts receivable and contract assets were as follows:
Unit: RMB yuan
Total closing As a % of the Total closing
Closing balance of balance of closing balance of balance ofClosing balance of
accounts accounts
contract assets total accounts
accounts
receivable receivable and receivable and receivable and
contract assets contract assets contract assets
Dongfang
Precision (HK) 99252856.62 99252856.62 50.69%
Dongfang
Precision 29812556.78 29812556.78 15.23%
(Netherland)
Customer 3 8086556.72 730942.22 8817498.94 4.50% 231018.47
Customer 4 5004000.00 576000.00 5580000.00 2.85% 146196.00
Customer 5 3269232.00 544872.00 3814104.00 1.95% 480958.51
Total 145425202.12 1851814.22 147277016.34 75.22% 858172.98
2. Other receivables
Unit: RMB yuan
Item Closing balance Opening balance
Dividends receivable 20054612.16 186077102.15
Other receivables 365179711.30 311163587.33
Total 385234323.46 497240689.48
(1)Other receivables
1) Disclosure by nature
Unit: RMB yuan
Nature Closing gross amount Opening gross amount
Internal transactions with related parties 356740093.91 301905443.63
Security deposits 1419385.01 1321337.81
Performance compensation 500000.00 500000.00
Employee loans and petty cash 2031226.65 1956345.71
Government Subsidies 6000000.00
Others 5644030.27 635484.72
Page 231 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Total 366334735.84 312318611.87
2) Disclosure by the aging
Unit: RMB yuan
age of accounts 2026 2025
Within 1 year 153794588.27 17436386.55
1-2 years 4229649.56 44856778.65
2-3 years 36707886.05 157906521.97
Over 3 years 171602611.96 92118924.70
3-4 years 163171576.11 67733184.03
4-5 years 7616419.58 24266663.51
Over 5 years 814616.27 119077.16
Total 366334735.84 312318611.87
3) Disclosure classified by the allowances provision methods
Unit: RMB yuan
Closing balance Opening balance
Gross amount Allowance Gross amount Allowance
Allowa Allowa
Type Carrying Carrying
Percent nce Percent nce
Amount Amount amount Amount Amount amount
age percent age percent
age age
Of which:
allowances
are 366334 100.00 115502 36517971 31231861 100.00 115502 31116358
0.32%0.37%
established 735.84 % 4.54 1.30 1.87 % 4.54 7.33
by group
Of which:
allowances
are
established
by group 366334 100.00 115502 36517971 31231861 100.00 115502 31116358
0.32%0.37%
with similar 735.84 % 4.54 1.30 1.87 % 4.54 7.33
credit risk
characteristic
s
Total 366334 100.00 115502 36517971 31231861 100.00 115502 311163580.32% 0.37%
735.84%4.541.301.87%4.547.33
Category of allowance for doubtful accounts measured on a grouped basis:
Closing balance
Item
Gross amount Allowance Allowance percentage
Page 232 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Allowance for doubtful
accounts measured on the
366334735.841155024.540.32%
basis of credit-risk
characteristics
Total 366334735.84 1155024.54
Provision for allowance is made according to the general model of expected credit loss:
Unit: RMB yuan
Stage 1 Stage 2 Stage 3
Financial assets
Total
12-month ECL Lifetime ECL with creditimpairment
(lifetme ECL)
Balance as of Jan 1
2026655024.54500000.001155024.54
Balance as of Jun 30
2026e 655024.54 500000.00 1155024.54
4) Allowances established or reversed in the current period
Allowances for doubtful other receivables in the current period:
Unit: RMB yuan
Opening Change in the current period
Type Closing balance
balance Provision Reversed Written off Others
Allowances for
doubtful other 1155024.54 1155024.54
receivables
Total 1155024.54 1155024.54
5) As at 30 June 2026 top 5 of other receivables are as follows:
Unit: RMB yuan
As a % of
Closing balance of
Nature 2026 Age total other allowance
receivables
Within 1 year;
Hainan Yineng Current account 282639987.24 1-2 years; 2-3years;3-4years; 4- 77.15%
5years
Within 1 year;
Dongfang
Current account
Digicom 35492042.18
1-2 years; 2-3
years;3-4years; 4- 9.69%
5years
Dongfang
Current account Within 1 year;
Precision 32116984.71 1-2 years; 2-3 8.77%
Page 233 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(Netherland) years;3-4years
Yineng Within 1 year;
Current account
International 5653690.34 1-2 years; 2-3 1.54%years;3-4years
Within 1 year;
Corresponding
Current account
Entity 1 3948159.62
4-5 years; 1.08%
Over 5 years
Total 359850864.09 98.23%
3. Long-term equity investments
Unit: RMB yuan
Closing balance Opening balance
Item Impairment Carrying Impairment Carrying
Gross amount Gross amount
allowance amount allowance amount
Investments
in 792031030.09 45303485.99 746727544.10 914210249.56 45303485.99 868906763.57
subsidiaries
Investments
in joint
ventures 295004342.94 7668229.35 287336113.59 296687088.62 296687088.62
and
associates
Total 1087035373.03 52971715.34 1034063657.69 1210897338.18 45303485.99 1165593852.19
(1) Investments in subsidiaries
Unit: RMB yuan
Change in the period
Opening Closing
Opening Additional Reduction Closing
balance impairment Change inin balance impairment
allowance otherinvestment investment allowance
equity
Dong Fang
Precision 1856010.0 1856010.0
(HK) 0 0
Limited
Dongfang
Precision 1602394.3 1602394.3
(Netherlan 0 0
d)
Guangdong
Fosber -11890868
Intelligent 118908683.81
Equipment 3.81
Suzhou
Shunyi 30301795 45303485. 3287437.4 30630538 45303485.Investment 1.53 99 9 9.02 99
Co. Ltd
Page 234 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Tiru?a
(Guangdon
g)
Intelligent -22088149.Equipment 22088149.84
Manufactur 84
ing Co.Ltd.Dongfang
Digicom
Data 17254910. 17254910.Technology 81 81
Co. Ltd.Dongfang
Digicom
Data 11166339. 35000000. 46314089.Technology 147750.0074 00 74
(Guangdon
g) Co. Ltd.Hainan
Yineng 10871491 2637337.5 11135225
Investment 9.58 0 7.08
Co. Ltd.Wonder 17380000 17380000
Printing 0.00 0.00
EDF 1832356.8 1832356.8
44
Yineng
Internation 28643514. 28643514.al 63 63
DongFang 80000000. 5000000.0 75000000.Primo 00 0 00
Yuanhang
Holdings
(Singapore) 21532.49 21532.49
Limited
-
Total 86890676 45303485. 35000000. 22254910. 74672754 45303485.13492430
3.579900814.1099
8.66
(2) Investments in joint ventures and associates
Unit: RMB yuan
Change in the period
Return Adjust
Openi
ng on ment Declar
Closin
Closin
g
Openi Additi Reduct invest to Other ed Impair g
ng
impair
balanc onal ion in ment other equity cash ment impair
ment Others balanc
e invest invest recogn compr change divide allowa ment
allowa e allowa
nce ment ment ized ehensi s nds or nce nce
using ve profit
the incom
Page 235 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
equity e
metho
d
Associates/joint ventures
Guang
dong
Jaten
Robot 89220 89531
&31084901.6749.5
Autom 7.934 7
ation
Co.Ltd.Nanjin
g
Profeta
Intellig 15923 -
ent 7668 7668 7668786.5 58732
Techn 229.35 229.37 229.355 7.83
ology
Co.Ltd.Shenz
hen
Ruoyu 96840 - 93503
Techn 699.3 3337 608.8
ology 5 090.52 3
Co.Ltd
Guizh
ou
Aerosp
ace 91701 936321930
701.0525.8
Xinli 824.748 2
Techn
ology
Co.Shenz
hen
Heju
Intellig
ent 3000 3000
Contro 000.00 000.00
l
Techn
ology
Co.Page 236 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
Ltd.
29668-28733
Total 7668 76687088. 1682 6113.
229.35229.35
62745.6859
4. Operating revenue and costs
Unit: RMB yuan
H1 2026 H1 2025
Item
Revenue Costs Revenue Costs
Principal operations 191013955.46 117366483.36 147397112.58 93653394.93
Other operations 19004810.70 1512238.45 5925797.39 1056427.40
Total 210018766.16 118878721.81 153322909.97 94709822.33
Information related to the transaction price allocated to residual performance obligations:
At the end of the Reporting Period the amount of revenue corresponding to performance obligations that had been
contracted but not yet performed or fulfilled was RMB44827719.11 of which RMB44827719.11 is expected to be
recognized during 2026.
5. Investment income
Unit: RMB yuan
Item H1 2026 H1 2025
Income from long-term equity
-1682745.68-1226419.87
investments measured at equity method
Investment income generated from the
947041659.95875016.30
disposal of long-term equity investment
Income from financial assets held for
923368.38146337046.02
trading
Investment income from the disposal of
financial assets held for trading 167096091.56
Cost method dividend 290092756.16
Total 1113378374.21 436078398.61
XX Supplementary Information
1. Schedule of exceptional gains and losses in the current period
□Applicable □ Not applicable
Unit: RMB yuan
Amount
Gain or loss on disposal of non-current assets
(inclusive of impairment allowance write-offs) 4384641341.89
Government grants through profit or loss (Except 3566838.27
Page 237 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
for government grants that are closely related to
normal business comply with national policies
and regulations enjoy according to the
recognition criteria and have a sustained impact
on profit and loss)
Profit or loss from changes in fair value of
financial assets and financial liabilities held by
non-financial enterprises and profit or loss from
disposal of financial assets and financial 400107501.33
liabilities except for effective hedging business
related to normal business operations
Non-operating income and expenses other than the
above 678293.30
Other income and expense items that meet the
definition of non-recurring income or expense -22815747.53
Minus：Income tax effects 1004857320.50
Non-controlling interests effects (net of tax) 1186626.62
Total 3760134280.14
Other items that meet the definition of exceptional gain/loss:
□ Applicable□ Not applicable
No such cases for the Reporting Period.Explanation of why the Company reclassifies as recurrent an exceptional gain/loss item listed in the Explanatory Announcement No.
1 on Information Disclosure for Companies Offering Their Securities to the Public—Exceptional Gain/Loss Items:
□ Applicable□ Not applicable
2. Return on equity (ROE) and earnings per share (EPS)
EPS
Profit of the Reporting Period Weighted average ROE Diluted EPS (RMB
Basic EPS (RMB yuan/share)
yuan/share)
Net profit attributable to
ordinary shareholders of the 50.88% 3.22 3.20
Company
Net profit attributable to
ordinary shareholders of the
1.14%0.070.07
Company before exceptional
gains and losses
3. Accounting data differences under China’s Accounting Standards for Business Enterprises (CAS) and
International Financial Reporting Standards (IFRS) and foreign accounting standards
(1) Net profit and equity under CAS and IFRS
□Applicable□ Not applicable
Page 238 of 239Guangdong Dongfang Precision Science & Technology Co. Ltd. Semi-Annual Report 2026
(2) Net profit and equity under CAS and foreign accounting standards
□Applicable□ Not applicable
Page 239 of 239
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